(b) Mabel has two objectives when making the gifts to Bruce and Padma:(1) To pay no tax on any gift in her lifetime; and(2) To reduce the eventual liability to inheritance tax on her death.

A．dvise Mabel which item to gift to Bruce and to Padma in order to satisfy her objectives. Give reasons for

your advice.

Your advice should include a computation of the inheritance tax saved as a result of the two gifts, on the

assumption that Mabel dies on 30 June 2011. (10 marks)

[单选题]B．The word “day” has two meanings. When we talk about the number of days in a year, we are using “day” to mean 24 hours. But when we talk about day and night, we are using “day” to mean the time between sunrise and sunset. Since the earth looks like

[单选题]When considering two mutually exclusive capital budgeting projects with con

[单选题]If a two-tailed hypothesis test has a 5% probability of rejecting the null

[单选题]When you are making a high potential test on a piece of repaired electrical machinery, a rise in leakage current indicates _______.A．good insulationB．bad insulationC．high insulation power factorD．a high slot discharge factor

[单选题]When a man who has fallen overboard is being picked up by a lifeboat，the boat should approach with the wind（）.A . astern and the victim just off the bowB . ahead and the victim just off the bowC . just off the bow and the victim to windwardD . just o

[单选题]Monetary policy is most likely to fail to achieve its objectives when the e

[问答题]He has the habit of making notes while reading.

[问答题]He has the habit of making notes while reading.

[单选题]When the prime movers of two paralleled generators are equipped with mechanical- hydraulic governors, and are operating within their designed range, the unit with the least amount of speed droop will （）.A . pick up more of any increase in loadB . pic

[单选题]When the prime movers of two paralleled generators are equipped with mechanical-hydraulic governors, and are operating within their designed range, the unit with the least amount of speed droop will .A．pick up more of any increase in loadB．pick up le