Petitioner has paid the mortgage since the date of separation by agreement. Respondent is requesting that the community property be listed with a realtor and sold at fair market value. Any proceeds from the sale would go to the mortgage then be equally split between the parties. Respondent has asked to stay on the property until sold as she does not have the resources to get another place to live while the sale is pending. Petitioner’s Proposed Resolution of Issues was amended to change a typographical error in paragraph two.
This may pose a limitation regarding John’s claim whereby the gallery could potentially argue that John does not have a proprietary interest as the painting has not effectively been registered, which may exemplify the nemo dat quod non habet (no one can give what they lack) principle. The effect in equity of an unregistered voluntary transfer was in issue before the High Court in the leading case of Corin v Patton. In this case the wife had attempted to create a trust in favour of her by executing a transfer of her interest in the joint tenancy to a trustee. The wife died prior to registration without taking any action to obtain the certificate of title which would have enabled the transfer to be registered. The trial judge, McLelland J, held that the joint tenancy had not been severed.
Jones don’t purchase the stock of Smithton outright. If Mr. Jones did purchase this stock outright it would cause him to acquire the assets, liabilities, and any contractual obligation that are outstanding of Smithton. According to the text Mr. Jones would be completely liable for any existing and future tax liabilities of Smithton. Because the Smithton wouldn’t cease to exist the purchase of stock wouldn’t be recommended for Mr. Jones. Since Smithton’s basis or tax schedule would not be change.
Jones purchase the stock of Smithon outright leaving Smithon intact? The stock should not be purchase by Mr. Jones. Mr. Jones acquiring the assets, liabilities and also would inherit the contractual obligations of the selling corporation, would, be the results of the purchase. In lay terms, he has bought the existing Smithon Corporation and he is responsible of ensuring daily operations run efficiently but the tax aspect of acquisition he is responsible for existing and any future tax liabilities that the selling corporation had. It would be my advice for Mr. Jones to not buy the stock because of the liability of current and future tax obligations which Mr. Jones would incur from the purchase of the stock.
Stevens evicted the Chesney’s for the property and they counterclaimed. They were seeking the value of work that they put into upgrading the apartment. Even though there might not be a contract the Chesney’s can go to court using the information about the quasi-contract. A quasi-contract is not an actual contract but is a legal substitute formed to impose equity between two parties. If the Chesney’s can prove that Stevens knew about the upgrades then the Chesney’s will get all the money they put into the apartment.
[LO 1] Under what circumstances, if any, can a taxpayer fail to meet the ownership and use requirements but still be able to exclude all of the gain on the sale of a principal residence? The taxpayer may be able to exclude the gain on the sale of a principal residence when she sells the home due to unusual
If someone asks you "who are you?" the answer that you give is your first and last name. For me, my name is who I am. Quindlen was careful to say that her decision about keeping her own name is not necessarily the best answer to this complex question. However, keeping your name is ensuring your identity and being respectful to your parents; not keeping your name cannot show love between two people changing.
I believe if Teddy’s had its policy communicated more clearly to its employees, Virginia Pollard would not have been harassed and man would not put her in such a situation as they would know what the potential consequences could be. 4. I do not think that Pollard’s case would have been different if her replacement has been a female. Virginia Pollard was a victim of discrimination and sexual harassment and that is what has already happened. If her replacement was a female Teddy’s could use that to show that they are not discriminating towards whom they are hiring and the policy is in the effect.
Aquinas, then again, may really have tackled the issue in an unexpected way. Without agonizing over feeling regretful for not telling the pilot when she got some answers concerning the heart mumble, she would withhold the data so that the pilot can resign as he had arranged. In her brain it would be moral in light of the
It is an act inter vivos which the donee is to have the absolute title to the subject matter of the gift, not at once, but if the donor dies. If the donor dies, title becomes absolute against his executor and not under him. Such a gift is revocable until the donor’s death. That is, if the donor did not die as contemplated, and continues to live better after his illness, the gift may revert to him (i.e. the donor) .