Marketing to attract convention and trade show business is similar to efforts used to entice leisure travelers

Which of the following is a true statement of the event(s) that may trigger a generation-skipping transfer tax?

A. A taxable termination only. B. A taxable distribution only. C. A taxable termination or a taxable distribution but not a direct skip. D. A taxable termination, a taxable distribution, or a direct skip.

An unsolicited proposal typically uses a direct format

Indicate whether the statement is true or false.