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The Applicable Credit Is Designed to Allow a Minimum Amount

question 113

True/False

The applicable credit is designed to allow a minimum amount of lifetime transfers without triggering the imposition of a transfer tax.


Definitions:

Role Overload

A burdensome workload that creates stress for a person in two ways: (1) the person may become fatigued and less able to tolerate annoyances and irritations and (2) a person subject to unreasonable work demands may feel perpetually behind schedule, a situation that itself creates an uncomfortable, stressful feeling.

Internal Locus

The belief that one controls one's own destiny and outcomes are a result of one's own efforts.

Stress

A physical or emotional response to external or internal pressures, challenges, or demands.

Type A Behavior

A personality trait characterized by high levels of competitiveness, impatience, aggressiveness, and a constant sense of urgency.

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