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Which of the following transactions is deemed a taxable gift? (:1 oondonation or remission of debt 0 sale of residential house and lot for less

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Which of the following transactions is deemed a taxable gift? (:1 oondonation or remission of debt 0 sale of residential house and lot for less than adequate and full consideration in money.r or rnonefs worth 0 none of the choices Donor's tax is O a property tax 0 a personal tax 0 a business tax (:11 an excise tax

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