Identify Which of the Following Statements Is False

question 48

Multiple Choice

Identify which of the following statements is false.

• A)Special use valuation is available for farmland to help alleviate liquidity problems.
• B)The transferee is liable for the generation-skipping transfer tax (GSTT)in the case of a direct skip.
• C)The generation-skipping transfer tax (GSTT)is imposed to assure that some form of transfer taxation is imposed once a generation.
• D)A direct skip skips one or more generations.

---

Definitions:

Toussaint Louverture

A leader of the Haitian independence movement during the French Revolution, who played a crucial role in the world's successful slave revolt leading to Haiti's independence.

Slave Rebellion

An act of revolt or insurrection by slaves against their owners or the oppressive system of slavery.

Virginia Slave Rebellion

An insurrectionary attempt by enslaved African Americans to gain freedom, with one of the most notable being led by Nat Turner in 1831.

Support Network

A system of individuals and resources that provide assistance, support, and encouragement.