Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTIUN 20 Raul lives in Colorado but owns land in Montana for which he has not paid property taxes in several years. Assuming the state

image text in transcribed

QUESTIUN 20 Raul lives in Colorado but owns land in Montana for which he has not paid property taxes in several years. Assuming the state meets procedural requirements, which of the following is true? The court can exert both in personam jurisdiction and in rem jurisdiction over the property itself and may take control of the property, but the court must wait until Paul's return to the state in order to sell the property to satisfy the tax debt. The court can exert both in personam jurisdiction and in rem jurisdiction over Paul but must wait until his return to the state in order to sell the property to satisfy the tax debt. The court has no right to sell the property to satisfy the tax debt because no jurisdiction is present. The court can exert in rem jurisdiction over the property and sell it to satisfy the tax debt. The court can exert in personam jurisdiction over the property itself and sell it to satisfy the tax debt

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

11th Edition

111856667X, 978-1118566671

More Books

Students also viewed these Accounting questions