GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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05:51 Apr 22, 2018 |
English language (monolingual) [PRO] Law/Patents - Law (general) / Legal system of community of goods | ||||
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| Selected response from: Jack Doughty United Kingdom Local time: 10:59 | |||
Grading comment
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SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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4 +4 | marital property system |
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5 | Rules for Managing and Dividing Property |
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4 +1 | focus on the word "legal" |
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Discussion entries: 4 | |
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matrimonial regime marital property system Explanation: Matrimonial regimes, or marital property systems, are systems of property ownership between spouses providing for the creation or absence of a marital estate, and if created, what properties are included in that estate, how and by whom it is managed, and how it will be divided and inherited at the end of the marriage. Matrimonial regimes are applied either by operation of law or by way of prenuptial agreement in civil-law countries, and depend on the lex domicilii of the spouses at the time of or immediately following the wedding. (See e.g. Quebec Civil Code and French Civil Code, arts. 431-492.). In most Common law jurisdictions, the default and only matrimonial regime is separation of property, though some U.S. states, known as community property states, are an exception. Also, in England, the birthplace of Common law, pre-nuptial agreements were until recently completely unrecognized, and although the principle of separation of property prevailed, Courts are enabled to make a series of orders upon divorce regulating the distribution of assets. (Wikipedia) Community of goods: common ownership. (Burton's Legal Thesaurus) https://en.wikipedia.org/wiki/Matrimonial_regime |
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