1 Paper, Rock, Scissors, Lizard, Spock Revisited (10 points)Recall the game of PRSLS from HW2. If you forget the rules, check back with your HW2. You will findit advantageous to bring up the normal form that you wrote out for HW2.a) (5 points) Is there a pure strategy Nash Equilibrium in this game?b) (5 points) Solve for the mixed strategy Nash Equilibrium.

Which of the following is true concerning the 5/5 lapse rule? a) the 5/5 lapse rule deems that a taxable gift has been made where a power to withdraw in excess of $5,000 or five percent of the trust assets is lapsed by the powerholder. b) the 5/5 lapse rule only comes into play with a single beneficiary trust. c) amounts that lapse under the 5/5 lapse rule qualify for the annual exclusion. d) gifts over the 5/5 lapse rule do not have to be disclosed on a gift tax return.