System Eleven Answers

1) Under some circumstances you are considered to have used a dwelling unit for personal purposes if you donate the use of the unit to a charitable organization. TRUE

2) The transfer of property to a trustee of a bankrupt estate is a taxable transfer.
FALSE

3) Exchanges between related parties are disqualified if either party disposes of the property within 2 years after the exchange.
True



		Sample True/False Quiz Answers
		1) Under some circumstances you are considered to have used a dwelling unit for personal purposes if you donate the use of the unit to a charitable organization. TRUE 2) The transfer of property to a trustee of a bankrupt estate is a taxable transfer. FALSE 3) Exchanges between related parties are disqualified if either party disposes of the property within 2 years after the exchange. True