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Some courts hold that an engagement ring is a conditional gift that becomes an absolute (effective) gift only on marriage. Other courts conclude that when an engagement ring is given to the donee, the donee should have full ownership rights in the property. Where do you stand on this issue? Why?
Weegy: Engagement and wedding rings are one of the most popular traditions surrounding the institution of marriage. Traditionally, to formalize an engagement, a man gives his fiancee a ring as a token of his devotion. [ Upon marriage, both spouses exchange rings to show that they are binding themselves to one another as husband and wife. Unfortunately, these promises to love one another forever do not always last as long as the rings which symbolize them. When an engagement or marriage fails, therefore, the ownership of the engagement and wedding rings often becomes an issue. Because the rings have a great deal of both sentimental and monetary value, that issue tends to be very intensely litigated. This article will explore the body of law that has emerged regar ding entitlement to engagement and wedding rings upon a broken engagement or failed marriage. First, we will look at the rules that have emerged regarding entitlement to an engagement ring upon a broken engagement. Then, we will look at the major rule that has developed regarding rings given in contemplation of marriage; in more formal terms, which party is entitled to the rings upon a distribution of property following a dissolution. Finally, we will offer a practice pointer that might help a client assert entitlement to a ring. ] (More)
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Asked 9/27/2011 9:55:08 PM
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Eve and Frank own twenty acres of land on which there is a warehouse surrounded by a fence. What is the most important factor in determining whether the fence is a fixture?
Weegy: That depends how the term "fixture" is defined by state law or rule. Then it depends on how the local taxing authority applies or interprets the state definition of "fixture" to the case at hand. source: yahoo (More)
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Asked 9/29/2011 6:28:15 PM
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Sam owns an acre of land on Red River. The government dams the river. A lake forms behind the dam, covering Sam's land. Does the government owe Sam anything? If so, what? If not, why?
Weegy: Depending on the title of the land coverage the government should pay for the lot covered by the property of the government. Private property are considered and being paid by the government. (More)
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Asked 9/29/2011 6:37:28 PM
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Eve and Frank own twenty acres of land on which there is a warehouse surrounded by a fence. What is the most important factor in determining whether the fence is a fixture?
Weegy: status...be cuted, be break...etc User: Eve and Frank own twenty acres of land on which there is a warehouse surrounded by a fence. What is the most important factor in determining whether the fence is a fixture? Weegy: status...be cuted, be break..I said that..an I think they should check it everyday. User: what (More)
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Asked 9/29/2011 9:52:10 PM
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Eve and Frank own twenty acres of land on which there is a warehouse surrounded by a fence. What is the most important factor in determining whether the fence is a fixture?
Weegy: That depends how the term "fixture" is defined by state law or rule. Then it depends on how the local taxing authority applies or interprets the state definition of "fixture" to the case at hand. (More)
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Asked 9/29/2011 10:56:57 PM
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