Identify Which of the Following Statements Is True

question 73

Multiple Choice

Identify which of the following statements is true.

• A)An individual making a qualified disclaimer can determine to whom the disclaimed property will pass.
• B)A qualified disclaimer must be made within six months after (a)the day the property is transferred, or (b)the day the person receiving the property becomes age 21, whichever is later.
• C)One of the tests that a qualified disclaimer must meet is that it must be an irrevocable, unqualified, written refusal to accept property.
• D)All of the above are false.

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Definitions:

Lactate

A compound produced during anaerobic metabolism, often associated with muscle fatigue during intense exercise.

Plasma

The liquid component of blood in which blood cells are suspended, containing water, salts, and proteins.

Colloid

Atoms or molecules dispersed in a gaseous, liquid, or solid medium that resist separation from the liquid, gas, or solid.

Plasma Volume

The volume of the plasma component of blood, critical for maintaining blood pressure and supplying proteins for blood clotting and immunity.