A Gift Made Under the UTMA Is

question 7

Multiple Choice

A gift made under the UTMA is

• A) revocable.
• B) transferable.
• C) assignable.
• D) irrevocable.

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Definitions:

Fossil Record

The totality of fossilized plants and animals found in the earth's crust, providing evidence of past life forms.

Evolution

The observed changes in the fossil record or in living organisms; also used to refer to theories that help explain the observed changes.

Observed Changes

Variations or alterations that have been directly seen or measured in a particular system or environment.

Fossil-bearing Rocks

Types of rocks that contain preserved remains or traces of organisms from the past, crucial for understanding Earth's history.