Community property is any property that has been acquired by only one of the spouses during the marriage,but not by gift,devise,bequest or inheritance,or,by the income therefrom.

Question

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Community property is any property that is acquired by either spouse during the marriage, including property acquired by gift, devise, bequest, or inheritance. The statement is incorrect because it excludes these types of property.

Community Property Is Any Property That Has Been Acquired by Only