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NEW QUESTION: 1
Among the assets in a decedent's gross estate is stock in a closely held corporation that was left to a nephew. The interest passing to the nephew is required to bear the burden of all estate taxes and expenses. The relevant facts concerning this estate are:
*Adjusted gross estate $1,600,000
*Fair market value of stock in the
*closely held corporation 700,000
*Funeral expenses 30,000
*Executor's commission 50,000
*Federal and state death tax 160,000
What amount of closely held corporate stock can be redeemed under IRC Section 303 so that the redemption will be treated as a sale or exchange rather than a dividend distribution?
A. 0
B. $ 80,000
C. $700,000
D. $240,000
Answer: D

NEW QUESTION: 2
Which file is configured to allow multiple templates for a Business Process?
A. $MQ_HOME/config/rulemetamodel.xml
B. $MQ_HOME/common/<enterprisename/rules
C. $MQ_HOME/config/security/defaultdata.xml
D. $MQ_HOME/common/<enterprisename/templates
Answer: C

NEW QUESTION: 3
Which incident handling is focused on minimizing the impact of an incident?
A. Scoping
B. Eradication
C. Reporting
D. Containment
Answer: D