The Basis of Inherited Property Usually Is Its Fair Market

question 98

True/False

The basis of inherited property usually is its fair market value on the date of the decedent's death.

---

Definitions:

Retain Dyes

The ability of certain cells or structures to hold specific dyes during staining, a technique used in microscopy to enhance visibility and differentiation.

Gastroenteritis

Inflammation of the stomach and intestines, typically caused by infection leading to vomiting and diarrhea.

Tuberculosis

A contagious bacterial infection primarily affecting the lungs, marked by symptoms such as cough, fever, and weight loss.

Whooping Cough

An infectious bacterial disease causing uncontrollable coughing fits and a distinctive "whooping" sound when inhaling.