Here is a small part of the order book for Mesquite Foods: Bid Ask Price Size Price Size $ 95 160 $ 95.5 320 $ 94.5 320 $ 95.8 320 $ 93 640 $ 96 540 $ 91.8 480 $ 96.5 580 a. Georgina Sloberg submits a market order to sell 160 shares. What price will she receive

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.