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The Federal estate and gin taxes do not represent a major source of revenue for the Federat government. 1. True. 2. False. QUESTION 2 In

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The Federal estate and gin taxes do not represent a major source of revenue for the Federat government. 1. True. 2. False. QUESTION 2 In common law systems (41 states use this approach), marned individuals onm an equal, undivided interest in all weath acoured durng the course of the marriage. regardiess of which spouse made any individual contribution to the marital wealth. 1. True 2. Fatse. QUESTION 3 In community property law systems (9 states have this approach), married individuals own an equal, undivided interest in all wealth acquired during the course of the marriage, regardless of which spouse made any individual contrbution to the martal weath 1. True. 2. False. QUESTION 4 In the tenancy in common approach 10 co-cwnership, each owner my own a dferent percentage interest in the property and there is no right to survivorship. 1. True. 2. False. QuEsTION 5 If a husband and wfe hoid preperty in a joint tenancy, It is called a tenancy by the entirety 1. True. 2. False

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