In 2009,Glen Transferred Several Assets by Gift to Different Persons

question 107

Multiple Choice

In 2009,Glen transferred several assets by gift to different persons.Glen dies in 2011.Information regarding the properties given is summarized below. The transfer of the land and the stocks and bonds resulted in a total gift tax of $60,000.As to these transactions,Glen's gross estate must include:

• A) $0.
• B) $200,000.
• C) $260,000.
• D) $1,900,000.
• E) $1,960,000.

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Definitions:

Variable Interval

Variable interval refers to a type of reinforcement schedule in operant conditioning where a response is rewarded after an unpredictable amount of time has passed, leading to a steady and resistant response rate.

Variable Ratio

A schedule of reinforcement where a response is reinforced after an unpredictable number of responses, making it highly resistant to extinction.

Fixed Interval

A reinforcement schedule where a reward is given after a predetermined time period has passed following a response.

Fixed Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of correct responses, often leading to high rates of response.