2
AssignmentMultiple Choice

Contracts

Question 2 • FL-2102373-Personal Finance and Money Management Honors

Who is most likely to be exempt from an inheritance tax?

Answer
A
a cousin
B
an uncle
C
a spouse
D
a nephew

Explanation

A spouse is most likely to be exempt from inheritance tax because many tax systems provide an exemption for assets inherited by a husband or wife. Cousins, uncles, and nephews are more distant relatives and are less likely to qualify for the same exemption.

AI-written and checked against the verified answer.

Previous
Next