Solved

Match the Type of Property to Its Category

Question 52

Matching

Match the type of property to its category . Assume that this takes place in a community property state.

Premises:

Responses:

Property owned jointly by married persons

Separate property

Property that belongs solely to one party

Community property

Property that would be considered community property if it had been acquired while the parties were living in a community property jurisdiction or state

Quasi-community property

A pension plan based on employment during the marriage

A car purchased during the marriage from wages

Student loan debt acquired during the marriage

A gift from a grandmother during the marriage

Credit card debt acquired during the marriage

An inheritance from an uncle

A boat purchased during the marriage from wages

Premises:

Property owned jointly by married persons

Property that belongs solely to one party

Property that would be considered community property if it had been acquired while the parties were living in a community property jurisdiction or state

A pension plan based on employment during the marriage

A car purchased during the marriage from wages

Student loan debt acquired during the marriage

A gift from a grandmother during the marriage

Credit card debt acquired during the marriage

An inheritance from an uncle

A boat purchased during the marriage from wages

Responses:

Separate property

Community property

Quasi-community property

Correct Answer:

Premises:

Responses:

Property owned jointly by married persons

Property that belongs solely to one party

Property that would be considered community property if it had been acquired while the parties were living in a community property jurisdiction or state

A pension plan based on employment during the marriage

A car purchased during the marriage from wages

Student loan debt acquired during the marriage

A gift from a grandmother during the marriage

Credit card debt acquired during the marriage

An inheritance from an uncle

A boat purchased during the marriage from wages