Simpson left an estate valued at $600,000 . In his will, he left half of his estate to his wife and the other half to charity. Is there any estate tax payable on Simpson's estate?


No. The portion of the estate passing to his wife is not taxed because of the marital deduction. The remaining portion is not subject to estate tax because it was left to a tax-exempt charity.

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An example of an intangible benefit is

a. expansion into other markets b. reduction in supplies and overhead c. more efficient operations d. reduced equipment maintenance

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Which of the following statements about feedback is INCORRECT?

A. It may be appropriate to use questions that obtain negative feedback. B. Feedback can be verbal or nonverbal. C. If a salesperson fails to notice the feedback signals being sent by a prospect, no feedback occurred. D. It may be appropriate to use questions that obtain positive feedback. E. In planning a presentation, it is impossible to predetermine when and what feedback-producing questions to ask.

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A good service desk manager understands that people, processes, and technology are all available resources; information is not considered a resource as it is derived from data.

Answer the following statement true (T) or false (F)

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The person who is given a life estate is called the life tenant

Indicate whether the statement is true or false

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