Sunday, May 5, 2024
Specific Property Gifts

4.12.1 Basic Quiz -- Public Stock
Stocks generate consistent returns every year.
     True      False
Total returns for stocks over the past 70 years have been approximately 10.5%.
     True      False
The stock categories "small-cap" "mid-cap" and "large-cap" are based on the number of employees a company has.
     True      False
Small-cap stocks are more stable than large-cap stocks.
     True      False
Small-cap stocks generally produce a higher rate of return than large-cap stocks.
     True      False
A primary difference between growth and value stock is the historical rate at which the stock has grown.
     True      False
Long-term and short-term capital gains are taxed at the same rate.
     True      False
A gift of public stock is complete when the stock is transferred to charity.
     True      False
If a gift of stock is made by electronic transfer (from the donor's broker to the charity), the gift date is the date the charity receives the stock in its account.
     True      False
For gift purposes a public stock is valued at the closing price on the date of transfer.
     True      False



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