The switch in property rights from fault to no- fault divorce resulted in a situation where:
A)property rights are misallocated.
B)there were large negative externalities.
C)the property right is held by the spouse who least wants the divorce.
D)the property right is held by the spouse who most wants the divorce.

Question

Quizplus · Accepted Answer

No-fault divorce laws allow a spouse to file for divorce without blaming the other, simplifying the process and often leading to a situation where the spouse who is more eager to end the marriage (who most wants the divorce) effectively holds more power in the negotiation over property rights. This is because they are less inclined to maintain the status quo and more motivated to finalize the divorce, potentially influencing the division of assets.

The Switch in Property Rights from Fault to No- Fault