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In his divorce action, Hugh, is deliberately concealing assets and providing false and misleading information. Which of the following is likely to be the most readily accessible and helpful resource for uncovering hidden assets, including sales of stocks and bonds, mortgages on real estate, and sales of real estate and other investments held for a long period of time?

A. credit card statements
B. Hugh's financial statements
C. a search of public records
D. the parties' joint tax returns for the prior five years

Answer :

Answer:

Explanation:

IF In his divorce action, Hugh, is deliberately concealing assets and providing false and misleading information. The available option and most effective method that is likely to be the most readily accessible and helpful resource for uncovering hidden assets, including sales of stocks and bonds, mortgages on real estate, and sales of real estate and other investments held for a long period of time, is the parties joint tax returns for the prior five years.

Critical Examination of Tax Returns

The reason for this choice among other options is that people mostly do not falsify figures on their tax returns for obvious reasons which includes fear of fines or prison sentences.

If there's suspicion that Hugh is deliberately concealing assets, there has to be an examination of their tax returns for the entire time the couple has been married. There will be a revelation of any inconsistencies in income, partnerships, real estate, or the existence of trusts.

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