Asked by Alayna Montoya on Jun 26, 2024
Verified
All property acquired during the course of a marriage, apart from inheritances and gifts made to one or the other of the spouses, is which of the following?
A) Equitable property
B) Separate property
C) Joint property
D) Marital property
Marital Property
All property acquired during the course of a marriage, apart from inheritances and gifts made to one or the other of the spouses.
Equitable Property
A legal concept referring to rights and interests in property, often used to address fairness and justice in the distribution of assets.
- Learn about the theory and distinctions of property ownership and dissemination under the context of nuptial arrangements and marriage dissolution.
Verified Answer
PY
Patricia Yael SorsogonJun 28, 2024
Final Answer :
D
Explanation :
Marital property refers to all property acquired by either spouse during the course of a marriage (except for inheritances and personal gifts), which is considered to be owned jointly by both spouses.
Learning Objectives
- Learn about the theory and distinctions of property ownership and dissemination under the context of nuptial arrangements and marriage dissolution.