Which of the Following Is True of Conditional Gifts

question 15

Multiple Choice

Which of the following is true of conditional gifts?

• A)They are considered completed gifts.
• B)They come with certain restrictions.
• C)They cannot be revoked.
• D)They need to be delivered.

---

Definitions:

Corporate Tax Rates

The rates at which corporations are taxed on their profits by the government.

Capital Structure

The mix of debt and equity financing used by a firm to finance its operations and growth.

Business Risk

The exposure a company or investor has due to uncertainties in the operating environment, including market demand, supply costs, and competition.

Financial Risk

The probability of loss inherent in financial operations, such as changes in market prices, interest rates, or credit quality.