The Code Defines a Grantor Trust as Which of the Following

question 112

Multiple Choice

The Code defines a grantor trust as which of the following?

• A)One which is required to file Form 1041-G.
• B)One in which a member of the grantor's family [defined in § 679(b)] is the sole trustee.
• C)One which the grantor can revoke or otherwise amend.
• D)One which makes annual payments to designated charities.

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Definitions:

System.out.printf

A method in Java used to print formatted strings to the console or other output stream.

Decimal Number

A number that is represented using a decimal system, which is based on ten, using digits 0 through 9.

Dot Operator

In programming, the dot operator is used to access the properties or methods of an object.

Printf Method

A method in Java's PrintStream class that allows formatted strings to be output to the console, similar to the printf function in C.