No matter how vested, all property acquired jointly by a married couple is presumed to be:
a. public property.
b. community property.
c. separate property.
d. trade fixtures.
Answer: b. community property.
Business
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Which of the following constraints best describes the relationship between the electronic Wall Street Journal subscription and the iPads?
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The standard deduction for each spouse filing separately is the same as for a single filer
Indicate whether the statement is true or false
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