Identify which of the following statements is true.

A) The trustee of a Sec. 2503(c) trust must distribute all of the corpus and accumulated income when the beneficiary reaches the age of 25.
B) The gift tax exclusion is available for a gift of a present or future interest.
C) A "Crummey demand power" in a trust document allows the donor to demand a distribution from the trust in years in which assets are transferred to the trust.
D) All of the above are true.


C) A "Crummey demand power" in a trust document allows the donor to demand a distribution from the trust in years in which assets are transferred to the trust.

Business

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After-acquired property is property obtained by the creditor after a security agreement has been executed

Indicate whether the statement is true or false

Business

Chose the correct number form in parentheses. Ava sold (9, nine) tickets to the school play, and Robert sold (17, seventeen) tickets

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Companies which use a just-in-time management system do not benefit from a quality management system

Indicate whether the statement is true or false

Business

Sainsbury's is a large UK supermarket. The firm's supply chain operates using a number of _______________ to receive, store, and redistribute its many goods. Two of these facilities are used for frozen food. Many of the facilities are designed for the rapid flow of food products. They use automation such as forklifts and hoists to collect and move products to loading docks.

A. distribution centers B. private warehouses C. public warehouses D. third-party logistics firms E. megacarriers

Business