All of the Following Statements About No-Fault Divorce Are True

question 99

Multiple Choice

All of the following statements about no-fault divorce are true EXCEPT:

• A) the practice is recognized in most states.
• B) property settlements are often unfair.
• C) it has led to skyrocketing divorce rates.
• D) selling the house is likely to hurt the children.

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Definitions:

Total Assets

The sum of all assets owned by a company, including both current and non-current assets.

Par Value

The nominal or face value of a stock or bond, representing the minimum amount set by the issuing company.

State Government

The organization through which political authority is exercised at the state level, governing over a specific geographical area.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often entitling shareholders to fixed dividends ahead of common shareholders.