An agreement between spouses concerning how their marital property will be divided in their forthcoming divorce proceeding is commonly called
a. an antenuptial agreement.
b. a partnership agreement.
c. a separation agreement.
d. all of the above
a
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Anole Company was incorporated as a new business on January 1, 2015 . The company is authorized to issue 20,000 shares of $5 par value common stock and 10,000 shares of 6%, $10 par value, cumulative, participating preferred stock. On January 1, 2015, the company issued 8,000 shares of common stock for $15 per share and 2,000 shares of preferred stock for $30 per share. Net income for the year
ended December 31, 2015, was $375,000. Refer to the information about Anole Company. The number of Anole's unissued shares of common stock at December 31, 2015, is a. 6,000. b. 8,000. c. 10,000. d. 12,000.
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