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.
Intangible Assets. Intangible assets are nonphysical assets classified as either limited life or indefinite life fixed assets. Your limited life intangible assets expire after a certain date and include copyrights, patents, computer programs and software. Indefinite life intangible assets are goodwill, trademarks and business franchises.