Solving for future consumption as a function of current consumption allows us to write the constraint in intercept-slope form as: In the diagrams below, the curves IC o represents levels of satisfaction (or utility) received from combinations of present and future consumption activity.
What Is the Waste or Dissipation of Assets? The wasting or dissipation of assets involves the frivolous and unjustified spending of assets by a spouse. There must be more than just the mismanagement of property or spending in a way that's disapproved of by the other spouse.
What are Intangible Assets? Intangible assets are the long-term assets of the company that do not have any physical existence. Some of the popular assets that come under intangible assets include copyrights, goodwill, non-compete agreements, patents etc. Intangible assets are acquired in small business combinations or are developed internally.