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the target must liquidate after transference of most of their assets to acquiring corporation a. 5368(a)(1)(A) b. 5368(a)(1)(B) c. 5368(a)(1)(C) d. 5368(a)(1)(D) e. 5368(a)(1)(E) f.

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the target must liquidate after transference of most of their assets to acquiring corporation a. 5368(a)(1)(A) b. 5368(a)(1)(B) c. 5368(a)(1)(C) d. 5368(a)(1)(D) e. 5368(a)(1)(E) f. 5368(a)(1)(f) 9. 5368(a)(1)(G) h. None - this is a taxable transaction Your client just died. He owned a life insurance policy on his daughter. The relevant information about this policy is as follows: Face Value $1,000,000 Cash surrender value $50,000 What is included in his estate? a. $525,000(($1,000,000+50,000)/2) b. $50,000 c. Nothing d. $20,000($1,000,000/$50,000) e. $1,000,000 the target must liquidate after transference of most of their assets to acquiring corporation a. 5368(a)(1)(A) b. 5368(a)(1)(B) c. 5368(a)(1)(C) d. 5368(a)(1)(D) e. 5368(a)(1)(E) f. 5368(a)(1)(f) 9. 5368(a)(1)(G) h. None - this is a taxable transaction Your client just died. He owned a life insurance policy on his daughter. The relevant information about this policy is as follows: Face Value $1,000,000 Cash surrender value $50,000 What is included in his estate? a. $525,000(($1,000,000+50,000)/2) b. $50,000 c. Nothing d. $20,000($1,000,000/$50,000) e. $1,000,000

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