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Generally, all the US states can be defined as community property states and equitable distribution states. Briefly, community property states are the states where the couple is considered as a community, so all the marital property is deemed to be owned by both spouses equally.
When a company acquires another business, they often pay a lot more than the bookvalue of the company. That’s because the parties that acquire companies look at more than cash value; they look at other less tangible characteristics that make a company worth money.
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