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1.The transfer of a trust's corpus from settlor to trustee is a CGT Event A False B True as long as the trustee signs a waiver guaranteeing that the settlor is not liable for any debts incurred by the trust (C) True D) Only if the corpus is valued at greater than $5,000
Question 6 1 Point Trustees may distribute tax losses to beneficiaries ?. Yes because beneficiaries are equitably entitled to receive the tax benefit of trust losses B False True (D) Only if the trust deed permits trustees to distribute tax losses to beneficiaries.

2.Assume Baldwin Corp. is downsizing the size of their workforce by 15% (to the nearest person) next year from various strategic initiatives. Baldwin is planning to conduct exit interviews to learn more about how they can improve in processes and increase productivity. The exit interviews are estimated to cost $100 per employee in additional to normal separation costs of $5000. How much will the company pay in separation costs if these exit interviews are implemented next year?