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1. which of the following is not true regarding a general guardian? a) he or she is typically appointed when a minor has no living

1. which of the following is not true regarding a general guardian?

a) he or she is typically appointed when a minor has no living parents

b) he or she has all the legal powers of parent

c) he or she is legally required to provide for the minor out of his or her own founds

d) he or she can be appointed when the parents have abandoned a child and cannot be located

21.which of the following gifts is not exempt from gift tax:

a) a gift of $14,000 or less to one individual

b) tuition expenses paid on behalf of another directly to the educational institution

c) medical expanses paid to the recipients as reimbursement for costs previously incurred

d) transfers between spouses

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