This year, Beck gave $5,000 cash to a nephew, canceled $3,000 of the same nephew's indebtedness, donated $1,500 to a political party, and gave $1,200 of municipal bonds to a parent. What is the amount of Beck's gifts before considering the gift tax annual exclusion?

All of the following are common uses for a direct marketing customer database EXCEPT ________.

A) generating sales leads B) identifying prospective customers C) profiling customers based on previous purchases D) gathering marketing intelligence about competitors E) building long-term customer relationships

The "open shop" provision is outlawed by the Taft-Hartley Amendments

Indicate whether the statement is true or false