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goji.go goji.go
wrote...
Posts: 5977
9 years ago
Which of the following statements are true regarding life income gifts?
A.   Require the amount of the payment to the beneficiary to vary based on the earnings of the trust.
B.   Require a fixed-dollar payment to be made annually to a designated recipient.
C.   Assets are recorded at historical cost when donated.
D.   Life income gifts are no longer allowed by governmental colleges and universities.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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