AAFM Exam GLO_CWM_LVL_1 Topic 1 Question 93 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam

Question #: 93
Topic #: 1

[All GLO_CWM_LVL_1 Questions]

Which of the following are the basic requirements for an existence of an HUF?

AOnly I and II

BOnly II and III

CAll of these

DOnly I and III

Show Suggested Answer

Suggested Answer: B

by Tegan at Sep 18, 2024, 12:41 PM

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12 hours ago

Hmm, I'm not sure. I thought it was just I and II, but now I'm second-guessing myself. Maybe I should double-check the study materials.

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1 days ago

I'm pretty sure the answer is C) All of these. The basic requirements for an HUF seem to cover all three options listed.

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10 days ago

I believe it's C) All of these, as all requirements must be met for an HUF to exist.

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16 days ago

I agree, I and II are necessary for the existence of an HUF.

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19 days ago

I think the basic requirements for an HUF are I and II.

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