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Which of the following assets are not considered community property (CP) assets: 1. A diamond ring valued at $250,000 acquired by gift before marriage; II.

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Which of the following assets are not considered community property (CP) assets: 1. A diamond ring valued at $250,000 acquired by gift before marriage; II. A $500,000 bank account acquired before marriage that became commingled with other funds after marriage; III. 10 acres of land acquired after marriage by one spouse, using the proceeds of a separate asset, to purchase the 10 acres. IV. $500,000 acquired by jury verdict for personal injuries in a car accident. A. I, II, III, & IV B. Only II & IV C. Only II & III D. Only, I, III, & IV

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