In Some States, Child Support Awards Are Based on the Parent's

question 53

Multiple Choice

In some states, child support awards are based on the parent's ________, or the income before federal, state, and local income taxes are deducted.

• A) net income
• B) net adjusted income
• C) gross income
• D) profits

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Definitions:

Fundamental Change

A significant alteration in the operation, structure, or nature of a business or organization that fundamentally changes its course or identity.

Unanimous Vote

A voting result where all participants cast the same vote, indicating total agreement.

Wholly Owned Subsidiary

A company whose entire stock is held by another company, making it completely controlled by the parent company.

Regular Course

Conduct or actions taken in the normal and usual manner of business or daily operations.