29. Under which of the following sets of circumstances will the transfer from Adam to Bernice avoid being subject to the gift tax pursuant to IRC 2501? Assume Adam and Bernice are unrelated. . Adam, a U.S. citizen and resident possesses a valuable gem, which he gifts to Bernice. Bernice is neither a citizen nor resident of the United States b. Adam, an English citizen and resident who is not a citizen of the United States, gifts a parcel of land located in Jackson Hole, Wyoming, to Bernice. Bernice is neither a citizen nor resident of the United States c. Adam, a U.S. citizen and resident, gifts a parcel of land located in Missoula, Montana, to Bernice. Bernice is a citizen and resident of the United States d. Adam, an English citizen and resident who is not a citizen of the United States, possesses a valuable gem, which he gifts to Bernice. Bernice is a U.S. citizen and resident