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John told his nephew, Steve, "if you maintain my house when I cannot, I will leave the house to you when I die." Steve maintained the house and when John died, Steve inherited the house.The value of the residence can be excluded from Steve's gross income as an inheritance.
Proposition
A proposition is a statement or assertion that expresses a judgment or opinion.
Syllogism
A form of deductive reasoning that arrives at a conclusion based on two premises, where each shares a common term.
Premise
A statement or idea that is accepted as a truth and serves as the basis for an argument or reasoning.
Conclusion
The statement that follows logically from the premises in an argument.
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