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41. The Code defines a simple trust as which of the following? a.One that must distribute its accounting income every year. b.One that is allowed

41. The Code defines a simple trust as which of the following?

a.One that must distribute its accounting income every year.

b.One that is allowed to file Form 1041-EZ.

c.One whose grantor was an individual who still is alive.

d.One that has only one income beneficiary.

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