Answer to Question #194395 in Law for Suzie Thipe

Question

(1)MR and Mrs monama married the subject to the accrual system in 2010 and got divorced last week. When they married , Mr Monama had a study debt of R10 000 and no assets, While Mrs had cash savings of R10 000 and no debts. Mrs Monama cash savings were declared in the spouse antenuptial contract. Suppose that according to the waited average of the consumer price index , money was worth twice as much at the commencement of the marriage as at its dissolution.

question says :
(a)What amount must be used as the commencement value of Mrs Monama 's estate at the time of the divorce? Briefly explain your answer
(b)What amount must be used as the commencement value of Mrs Monama's estate at the time of the divorce? Briefly explain your answer.

(2)Fill in the missing words in the sentence below

the matrimonial property system which provides that the spouses are married and out of community of profit and loss with the exclusion of the accrual systems is called...............

Answer 1

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