BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It is an agreement made by a couple before they marry concerning the ownership of their respective assets should the marriage fail.
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Is an agreement made by a couple after marriage.
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The agreement states that all assets should be split 50/50.
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A and C
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Detailed explanation-1: -A prenuptial agreement (prenup for short) is a written contract created by two people before they are married. A prenup typically lists all of the property each person owns (as well as any debts) and specifies what each person’s property rights will be after the marriage.
Detailed explanation-2: -A prenuptial agreement-or prenup for short-is a legal document two people sign before they get married. Prenups detail each person’s rights to assets and responsibilities for debts if the marriage ends. They can be used to address finances before and during marriage.
Detailed explanation-3: -A prenuptial agreement is a contract that a couple signs before they get married. The legally-binding (not in India) agreement helps the couple decide how their money, property, and other assets will be divided in case of a divorce.
Detailed explanation-4: -They are contracts. Marriage is a contract too. The prenuptial agreement modifies that marriage contract. There are some things that cannot be modified. For example, child support cannot be done away with.What can be and cannot be included will vary by state law.
Detailed explanation-5: -A pre-nuptial agreement, or prenup, is an agreement entered into by a couple-preferably in good time before a marriage-which sets out how assets will be divided if they divorce or the marriage is dissolved.