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.
Non-current assets. Non-current assets are assets which represent a longer-term and cannot be converted into cash quickly. They are likely to be held by a company for more than a year. Examples of non-current assets include land, property, investments in other companies, machinery and equipment.