Who are the parties in a gift transaction? What distinguishes a gift from an inheritance?
What will be an ideal response?
The parties to a gift are the donor, who is the person making the gift, and the donee who is the recipient of the gift. A gift is an affirmative act taken by the donor. A gift can occur during the lifetime or at someone's death. A provision in a Will represents a gift. An inheritance requires no action but rather occurs by operation of law.
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The power to impose an income tax is found in
A. Article 1 §8. B. Article 1 §9. C. the Sixteenth Amendment. D. Supreme Court decisions.
A document, in its most basic form, is any two items with some mathematical relationship, with the result presented in a specific location called a cell
a. True b. False Indicate whether the statement is true or false
Serious privacy issues have been raised by the use of electronic dockets and filing. These issues probably would not include:
a. Minor children's names that have been included in the pleadings. b. Revealing the names of the parties seeking divorce. c. Publishing Social Security numbers. d. Redacting or sealing personal information.
An alien who wants to take a course in auto mechanics in the United States would need a
A. B Visa B. C Visa C. F Visa D. M Visa