Bill and Ana were married on June 10, 1997. They have lived in California all their married life. Ana filed for divorce on December 1, 2019. Bill moved out of the house they owned jointly on May 10, 2021, but they continued with marriage counseling for several months which eventually failed. Their divorce was finalized on November 10, 2021. Under community property rules when did their community rights over joint assets end? A) June 10, 1997. C) November 10, 2021. B) May 10, 2021. D) December 1, 2019.

Bill and Ana were married on June 10, 1997. They have lived in California all their married life. Ana filed for divorce on December 1, 2019. Bill moved out of the house they owned jointly on May 10, 2021, but they continued with marriage counseling for several months which eventually failed. Their divorce was finalized on November 10, 2021. Under community property rules when did their community rights over joint assets end? A) June 10, 1997. C) November 10, 2021. B) May 10, 2021. D) December 1, 2019.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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