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NEW QUESTION: 1
A. Option D
B. Option B
C. Option A
D. Option C
Answer: B
NEW QUESTION: 2
M1221-V is a package machine that recognizes license plates
A. No
B. is
Answer: B
NEW QUESTION: 3
An executor elects to value the assets of the estate at the alternative valuation date 6 months after death. Which of the following statements concerning the estate tax value of assets included in this estate is correct?
A. Property distributed under the will before the alternate valuation date is valued at the date of death.
B. Property that has increased in value since the date of death may be valued at the date of death if the executor so elects.
C. Property sold before the alternate valuation date is valued at the alternate valuation date.
D. An annuity included in the gross estate that diminishes with the mere passage of time is includible at the date of death value.
Answer: D
NEW QUESTION: 4
A. 0
B. 1
C. 2
D. 3
Answer: C
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