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:

Social Stratification

The organization of a society into different social classes or layers, often based on factors like wealth, occupation, and race.

Learned Helplessness

An acquired (hence, learned) belief that one is unable to control one’s environment.

Middle Childhood

A developmental stage that encompasses approximately ages 6 to 12 years, characterized by significant growth in cognitive, social, and physical abilities.

Preschool Years

The period in a child's life prior to attending kindergarten, typically from ages 3 to 5, focusing on early development in social, cognitive, and motor skills.