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Penelope Cruz Photos & Pics | Penelope Flashes Her Engagement Ring!

Now that it's been confirmed that Penelope Cruz and Javier Bardem are busy , we're betting that this divine sparkler is the swing!
Pene stepped out in NYC last round-the-clock, and she made no feat to leather her bling as photographers snapped away. While it's not your established diamond buzz, it's a pulchritudinous massive gem and it's certainly on the correctly (or in this example in any event, the left-wing) steadily!
Source: Penelope Cruz Photos & Pics | Penelope Flashes Her Engagement Ring!
The Undercover Economist Answers Your Questions
You have a point. Engagement rings took off in the U.S. when the courts refused to hear “breach of promise” lawsuits. These suits were brought by women who had slept with their fiancés and then been abandoned. These women were then less attractive marriage prospects for anyone else.
Naturally, such lawsuits were sensational fun for the newspapers, and eventually the courts put a stop to the whole thing. The problem then became: how could a young affianced couple have sex with each other when she had no recourse to the law if he changed his mind? Both of them might well want to, but for the lady the risks were pretty high. And so the institution of the engagement ring came about. Such rings are non-returnable, meaning that if the man breaks off the engagement he doesn’t get the ring back. The system discourages him from running off and provides automatic compensation if he does. Very clever.
Given all this history, I tend to agree with you. Tell your girlfriend that you doubt she is a virgin and don’t care much either way, and you will thus be spending the engagement ring money on something more useful. Be sure to let me know how it works out for you.
Source: New York Times
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