Identify Which of the Following Statements Is False

question 92

Multiple Choice

Identify which of the following statements is false.

• A)If an individual transfers property in trust and reserves the right to the trust's income for life, the individual retains a life estate.
• B)An individual who receives a remainder interest will receive property after the death of the holder of a life estate.
• C)If a grantor transfers property in trust and names a beneficiary to receive only a term-certain interest and then the property is to return to the grantor, the transaction is not subject to gift tax.
• D)Life estates are valued using actuarial tables.

Recognize the diverse goals of organizations, including survival, innovation, and employee engagement.

Identify the characteristics of effective organizational behavior, including the necessity for adaptation, innovation, and flexible behaviors.

Understand the importance of human capital as a strategic priority in organizations.

Explain the role and impact of groups and teamwork within organizations for achieving organizational goals.

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Definitions:

Peter Drucker

A renowned management consultant, educator, and author, considered one of the founding figures of modern management theory.

Motivational Strategy

Techniques and approaches used to inspire individuals to achieve their goals, enhance their performance, or engage in specific behaviors.

Written Agreements

Contracts or legal documents that record the terms and details of a specific agreement between parties, and are signed by those involved.

Theoretical Foundation

The underlying principles and established theories that support and give credibility to a specific field of study or research.