About prenuptial agreements
a. They must be completed after the marriage.
b. They can be oral as well as in writing and still be enforceable.
c. They are not enforceable unless approved before signing by a judge.
d. A judge can refuse to enforce the agreement in a divorce or dissolution if the judge believes it to be unfair.
d
You might also like to view...
All liabilities that are not classified as current liabilities are classified as long-term
a. True b. False Indicate whether the statement is true or false
Exhibit 9-4 During 2016, the Thomas Company began selling a new type of machine that carries a two-year assurance-type warranty against all defects. Based on past industry and company experience, estimated warranty costs should total $2,000 per machine sold. During 2016, sales and actual warranty expenditures were $4,000,000 (80 machines) and $44,000, respectively. Thomas uses the GAAP approach
of accruing warranty expense (and the related liability) in the year of the sale. ? Refer to Exhibit 9-4. What amount should Thomas report as its estimated warranty liability at December 31, 2016? A) $0 B) $44,000 C) $120,000 D) $116,000
Global Commerce Corporation purchased trading debt investments for $49,000 on December 31, 2018. There is a decrease of $3800 in the fair value of the trading debt investments by the end of the year 2019. Which of the following is the correct journal entry?
Nicknames, birthdates, and spouses' names are all examples of obvious ________
A) firewalls B) encryptions C) sniffers D) passwords E) blogs