A(n) ___ is a tax imposed on a person who inherits from a decedent's estate.
a. gift tax
b. property tax
c. personal tax
d. inheritance tax
Answer: d. inheritance tax
Business
You might also like to view...
A buyer would like to assume the seller's existing loan. Which of the following would give the seller the most protection by releasing the seller from liability on the loan and making the new buyer solely liable?
A. Assignment. B. Novation agreement. C. Mortgage release. D. Estoppel certificate.
Business
When seeking candidates, most employers will begin with employee recommendations, making networking an important tool in the job search
Indicate whether the statement is true or false.
Business