Is the property settlement agreement valid

Assignment Help Business Law and Ethics
Reference no: EM131261847

Discussion Question 1: Divorce and Property Settlement Agreement

Divorces can be contested or uncontested. What is the difference between the two types? Are they handled differently? What information is necessary to know to get divorced? There are certain disclosure rules for a Property Settlement Agreement to be deemed valid. What are those rules, and what is the consequence of a violation of these rules? Further, read the scenario below and answer the following questions too.

John and Donna have been married eight years and live in New York. They want to get a divorce; they both agree that it is the right thing to do. Donna found out that John was having an affair for almost a year. They no longer love each other or wish to be together. Discuss whether this is a contested or uncontested divorce.

Do you think this information is sufficient to determine the nature of the divorce? What more information might you need? Would your answer change if you knew that they have an eight-year-old son, Matthew? What are the necessary actions for filing and completing an uncontested and contested divorce? In the process of getting the divorce, they negotiated a Property Settlement Agreement. John and Donna have listed their assets and liabilities. The agreement is prepared, and both parties sign the agreement. Donna then learns that John failed to disclose all his assets. Is the Property Settlement Agreement valid? Under what circumstances would the Property Settlement Agreement be valid despite John's failure to disclose assets?

Justify your ideas and responses by using appropriate examples and references from Westlaw (including primary sources such as cases, statutes, rules, regulations, etc.), government websites, peer-reviewed legal periodicals (not lawyer blogs), which can be supplemented by law dictionaries or the textbook. This means you need to use more than just your text and legal dictionaries.

Reference no: EM131261847

Questions Cloud

Create a data collection form : Create a data collection form so that the same information is collected from each restaurant. - For example, you will want to include the name, address, and phone number for each restaurant.
Design an analog butterworth lowpass filter : Design an analog Butterworth lowpass filter that has a 0.5 dB or better ripple at 10 kHzand at least 45 dB of attenuation at 20 kHz. Determine the system function in a cascade form.
Visit an assortment of ethnic restaurants : Divide up the restaurant list your team generated in activity 1 so that each team member is responsible for collecting information from a certain number of restaurants.
Can dawn enforce a temporary order for child support : Justify your ideas and responses by using appropriate examples and references from Westlaw (including primary sources such as cases, statutes, rules, regulations, etc.), government websites, peer-reviewed legal periodicals (not lawyer blogs), whic..
Is the property settlement agreement valid : John and Donna have been married eight years and live in New York. They want to get a divorce; they both agree that it is the right thing to do. Donna found out that John was having an affair for almost a year. They no longer love each other or wi..
Identify the steps involved in system modifications : How are design changes initiated? How are priorities established? How are design changes implemented? Identify the steps involved in system modifications.
Design a linear-phase bandpass filter : Plot the amplitude response of the designed filter and count the total number of extrema in passband and stopbands. Verify this number with the theoretical estimate of the total number of extrema.
Define and use the term epistemology : You task today is to take ONE (1) of the issues listed below, and prepare a position for the team. You will need to: State a clear position; Give your reasons for the choice you have made; Define and use the term "Epistemology" in your defense of you..
Make a list of restaurants for each category : Identify ethnic dining categories for inclusion in your guide. Once you have identified categories for your area, make a list of restaurants for each category.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd