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When an owner contributes equipment to the business he or she retains ownership of the property?
false
What mean that Florida is a separate property state?
Florida being a separate property state means that assets acquired by one spouse during the marriage can remain the sole property of that spouse, rather than being considered joint marital property. In this system, each spouse retains ownership of their individual assets and debts unless they choose to share them. However, any property acquired during the marriage may be deemed marital property, subject to equitable distribution in the event of divorce. Prenuptial agreements can also help clarify property rights in Florida.
What does community property state mean in death?
In a community property state, assets acquired during a marriage are typically considered jointly owned by both spouses. Upon the death of one spouse, their share of the community property usually passes to the surviving spouse, unless otherwise specified in a will or trust. This means that the surviving spouse retains ownership of the property without the need for probate, simplifying the transfer of assets. However, property owned individually before the marriage or received as a gift or inheritance may not be subject to these rules.
What is the smallest particle of an element that retains the property of elements?
The smallest unit of Matter that retains the property of an element is the atom.
Who owns the lease of a property?
The ownership of a lease typically lies with the person or entity that holds the lease agreement, also known as the lessee. The lessee is granted the right to possess and use the property for a specific period of time as defined in the lease agreement. The owner of the property, known as the lessor, retains legal ownership but grants certain rights to the lessee for the duration of the lease.
Who owns the property in a mixed economy?
In a mixed economy, property ownership is shared between private individuals and the government. Private individuals have the right to own and operate businesses and property, while the government retains ownership of certain assets and regulates economic activity to promote social welfare. This balance aims to harness the benefits of both free market principles and government intervention to address social needs and inequalities.
System that glorifies the state and a single party condemns democracy and retains private ownership?
fascism
Is layaway a form of credit?
No, it is not, as the store retains ownership and possession of the item until it is completely paid for.
What property if any number added to zero retains its original value?
Additive Identity Property.
What is the proper prefix to use when a woman retains her maiden name after marriage?
Ms.
What do you a property of matter that retains its identity after a reaction?
A chemical property of matter that retains its identity after a reaction is called a "physical property." These properties include characteristics such as density, color, shape, and boiling point, which remain unchanged during a chemical reaction.
Who holds the title to the property in a lien theory state?
In a lien theory state, the borrower holds the title to the property while the lender has a lien against it as security for the loan. This means that the borrower retains ownership and the right to occupy and use the property, but the lender has a claim on it in case of default. If the borrower fails to repay the loan, the lender can initiate foreclosure to recover the owed amount.
