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Jack and Jill Live in a Community Property State

Question 48

Multiple Choice

Jack and Jill live in a community property state.Jill works full time,and Jack stays home taking care of their children.What is the legal status of the earnings Jill makes that are used to purchase a new home?


A) Owned by Jill
B) Owned by Jill,subject to a one-third interest Jack has
C) Jointly owned by Jack and Jill
D) Owned by Jill,Jack,and the children

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