Answered: obligations, except * Dante to pay…

obligations, except * Dante to pay Carlos P 1,000, if Carlos has the means. Dante to give Carlos P 1,000, if Carlos passes the examination. Dante to give Carlos a horse, if Carlos marries X.

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter12: Nonrecognition Transactions

Section: Chapter Questions

Problem 24P

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Question

The following are conditional obligations, except *

Dante to pay Carlos P 1,000, if Carlos has the means.

Dante to give Carlos P 1,000, if Carlos passes the examination.

Dante to give Carlos a horse, if Carlos marries X.

None of the above.

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