Four grounds for annulment are:
a. _______________
b. _______________
c. _______________
d. _______________
(Choice of) nonage; mental illness or defect; consent obtained by fraud, duress, or force; incurable mental illness
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According to the Taxpayer Relief Act of 1997:
a. A sale of a marital residence prior to divorce would probably result in a higher tax burden. b. There would be no tax on a residence that sold for $400,000, with a cost basis of $280,000, regardless of whether it was before or after a divorce. c. A transfer of one spouse's interest in a home to the other, incident to a divorce, would keep the $500,000 exclusion intact. d. The sale of a marital residence does not result in a taxable capital gain.
Mexico and Puerto Rico have considered adopting laws that would require review of marital status every 5–10 years, in an effort to reduce divorce. This approach is called:
a. A civil marriage. b. A covenant marriage. c. A common law marriage. d. A renewable contract marriage.
Kevin is in an unhappy marriage. His wife, Stella, has been depressed and drinking more than she should because they recently discovered they could not have children. He is interested in pursuing adoption of an infant right away as a way of curing Stella's depression, although Stella is not ready to accept that path yet. Which of the following is probably not true in his situation?
A. The couple should reach consensus about adoption before pursuing it. B. They would probably not be qualified through a preplacement home study. C. The wait for an infant might be quite a bit longer than the wait for an older child. D. His motive is so strong that placement should be achieved fairly quickly.
One indication that an agent is not an employee but an independent contractor is if
A) an injury arose because the agent failed to fulfill a duty of care B) the principal pays employment taxes for the agent C) the principal has not offered the agent health insurance coverage D) the agent lacks the necessary licenses and training to complete an assignment