Winston is classified as a grantor trust because Harry, the donor, can revoke the trust. Consequently, Winston need not file an annual Form 1041, and Harry reports the trust items on his own Form 1040.
Indicate whether the statement is true or false.
Answer: False
You might also like to view...
Research has shown that exporting is essentially a developmental process that proceeds in different stages. Before a firm reaches stage 4, it must do which one of the following activities?
A) explore the feasibility of exporting B) commit resources for exporting C) receive unsolicited export orders D) believe in attractiveness of exporting E) build confidence in firm's ability for exporting
Which factor below is not part of the reciprocally related human functions of the triadic reciprocal model of behavior?
A. self-regulation B. reinforcement C. cognitive processes D. behavior
To be effective the video clip you use needs to be short, usually consuming no more than ______ seconds of a 5-minute speech.
Fill in the blank(s) with the appropriate word(s).
According to the critical industrial relations school, how are efficiency, equity and voice achieved in society? What does this school of thought have to say about the role of government and unions?
What will be an ideal response?