Classify Each of the Following Statements

question 35

Multiple Choice

Classify each of the following statements.
-Using his own funds, Horace establishes a savings account designating ownership as follows: "Horace and Nadine as joint tenants with right of survivorship." Horace predeceases Nadine.

• A)No taxable transfer occurs.
• B)Gift tax applies.
• C)Estate tax applies.

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Definitions:

Punishment

A form of behavioral control involving the application of an unpleasant stimulus or removal of a pleasant stimulus in response to undesired behavior.

Positive Reinforcement

A technique in behavior modification that involves rewarding desirable behaviors, thereby increasing the likelihood of their recurrence.

Variable Interval Schedule

A reinforcement schedule where rewards are provided after an unpredictable time interval, leading to more consistent behavior.

Fixed Interval Schedule

A type of reinforcement schedule in operant conditioning where the first response after a fixed time period is rewarded.