SIE Exam Question 27: Answer and Explanation

Question: 27

In a community property state, how are assets divided between a husband and wife in a divorce?

• A. 100 percent belongs to the husband
• B. 100 percent belongs to the wife
• C. 50 percent belong to the husband and 50 percent belong to the wife
• D. 100 percent of the assets must remain jointly owned

Correct Answer: C

Explanation:

In a community property state, when a husband and wife divorce, the assets are divided so that 50 percent belong to the husband and 50 percent belong to the wife.