If a paralegal is asking a domestic client about assets acquired during the marriage, the paralegal is inquiring about:
A) the marital property.
B) the separate property.
C) the prenuptial agreement.
D) the necessaries of the couple.
A
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In Palmer v. Champion Mortgage, Palmer received a debt-consolidation loan from Champion. When she signed the loan agreement, she also received the required TILA disclosures. Several days later Palmer received copies of the documents and a notice of her right to cancel under TILA, which permitted her to cancel within three business days of three different dates stated in the document. Over a year later, Palmer filed to cancel the transaction, claiming that the time frames given to her in the TILA disclosures were too confusing. The court held that Palmer
A. could not cancel her loan because the TILA does not permit cancellation of loans. B. could not cancel her loan because the TILA disclosures would not confuse an objectively reasonable consumer. C. could cancel her loan because of the extended three-year time frame of the TILA. D. could cancel her loan because the time disclosures were too confusing.
Under which circumstance would one less closing entry than usual be made?
a. When the Retained Earnings account is zero prior to posting of closing entries b. When a net loss has been suffered c. When revenues have not yet been collected d. When net income is zero
Determine the price of a share of stock whose last annual dividend payment (D0) was $1.50, assuming a required rate of return of 12% and considering the following:
a) The dividend payment is expected to remain constant (i.e., g = 0) indefinitely. b) The dividend payment is expected to grow at a constant rate of 3% per year indefinitely. c) The dividend payment is expected to grow at a rate of 8% for four years and then immediately decline to 3% indefinitely. Calculate your solution twice, the first time using formula 9-5 on page 260, and the second time using the FAME_TwoStageValue user-defined function. d) The dividend payment is expected to grow at a rate of 8% for four years and then gradually decline over a three year transition period to 3% indefinitely. Calculate your solution twice, first time using formula 9-8 on page 264, and the second time using the FAME_HModelValue user-defined function. e) Using the same assumptions as in part d, calculate the value of the stock using the FAME_ThreeStageModel user-defined function. f) How do the calculated intrinsic values compare to the current price of $16? Use an IF statement to display whether the stock is undervalued, overvalued, or fairly valued.
Which power is perceived by many leaders as a negative power and is usually used as a last resort?
A. coercive power B. expert power C. referent power D. legitimate power