Property can be transferred within the family group by gift or at death. One motivation for preferring the gift approach is: a. To take advantage of the per donee annual exclusion. b. To shift income to higher bracket donees. c. To take advantage of the higher unified transfer tax credit available under the gift tax. d. To avoid a future decline in value of the property transferred.

Answers

Answer 1

Answer: a. To take advantage of the per donee annual exclusion.

Explanation:

One motivation for preferring the gift method when transferring property within the family group by gift or at death is to take advantage of the per donee annual exclusion.

It should be noted that the annual exclusion is referred to as the amount of money that can be transferred from one individual to another individual as a gift and in this case, a gift tax won't be charged on such gift.


Related Questions

Even through the United States is traditionally viewed as a market economy, what role does the government have in the economy?
A. The government is in charge of setting the prices within the economy.
B. The government is in charge of the taxing and spending of the government.
C. The government has no role within the market economy of the United States.
D. The government is to make sure that there is fairness and equity within all markets of the economy.

Answers

Answer:

D. The government is to make sure that there is fairness and equity within all markets of the economy.

Explanation:

The USA is a predominantly free-market economy. Entrepreneurs are free to decide where and the nature of the business to set-up. Buyers have the liberty to purchase from their preferred suppliers. Demand and supply forces determine the goods and services to be availed in the market and their prices.

The US government participates in the economy as a regulator. Its primary role is to promote fair competition among suppliers, guard consumers against unfair exploitation by traders, and safeguard worker interest. The government may provide essential public services such as roads, health, and education but the majority of factors of production are in the private sector.

the answer is B. The government is in charge of the taxing and spending of the government.

Lawn maintenance is an alternative energy source career.
A.
True
B.
False

Answers

Answer:

False

Explanation:

Lawn maintenance isn't

Answer:

The answer is false

Explanation:

name every my hero acadamia character

Answers

Answer:

Izuku Midorya (All for one quirk, main protagonist)

Ochaco Uraraka (Zero-Gravity)

Iida Tenya (Engine)

Katsuki Bakugo (Explosion)

Tsuyu Asui (Frog)

Shouto Todoroki (Half-cold, half-hot).

The main teachers would probably be Shouta Aizawa (aka Eraserhead; their homeroom teacher) and All Might, the No. 1 hero and Izuku’s mentor.

The rest of Class 1A includes: Momo Yaoyorozu (Creation), Yuga Aoyama (Naval Lazer), Mina Asahido (Acid), Eijiro Kirishima (Hardening), Mezo Shoji (Dupli-Arms), Toru Hagakure (Invisibility), Koji Koda (Ani-voice), Denki Kaminari (Electrification), Hanta Sero (Tape), Rikido Sato (Sugar Rush), Masahirao Ojiro (Tail), Kyouka Jiro (Earphone Jack), Fumikage Tokoyami (Dark Shadow, and finally, Minoru Mineta (Pop-Off)

Explanation:

Answer: cant name all of them buti ill try

Explanation: izuku midoriya

                      shoto todoroki

                       katsuki bakugo

                      Eijiro Kirishima

                       Momo Yaoyorozu.

                        Tenya Ida.

                        Shoto Todoroki.

                        Tsuyu Asui.

                     Kyoka Jiro.

                Mashirao Ojiro

The expected rate of return on Happy Dog Soap's stock over the next year is ---------.

The expected rate of return on Black Sheep Broadcasting's stock over the next year is------.

Answers

Answer:

The first part of the question is missing, so I looked for it.

The expected rate of return on Happy Dog Soap's stock over the next year is:

= (return if market is strong x probability of strong market) + (return if market is normal x probability of normal market) + (return if market is weak x probability of weak market) = (33% x 0.25) + (20% x 0.45) + (-26% x 0.30) = 9.45%

The expected rate of return on Black Sheep Broadcasting's stock over the next year is:

same formula as before = (46% x 0.25) + (26% x 0.45) + (-33% x 0.30) = 0.133%

A copyright protects a company that uses an original author's work without permission. (6 points)

True
False

Answers

Answer:

false

Explanation:

copyright protects the author's work when it is used without permission.

Answer:

es Falso

Explanation:

esperó que te sirva marcarme como mejor respuesta PORFA y gracias

Gillespie enterprises inc. Issued $26 million in new common stock.
b. Cal state university received $20,000,000 cash for 80,000 five-game-season football tickets. None of the games have been played.
c. Cal state played the first football game referred to in (b).
d. Hall construction company signed a contract with a customer for the construction of a new $500,000 warehouse. At the signing, hall received a check for $50,000 as a deposit to be applied against amounts earned during the first phase of construction. Answer from hall's standpoint.
e. A popular snowboarding magazine company received a total of $1,800 today from subscribers. The subscriptions begin in the next fiscal year. Answer from the magazine company's standpoint. F. T-mobile sold a $100 cell phone plan for service in september to a customer who charged the sale on his credit card. Answer from the standpoint of t-mobile.

Answers

Question Completion:

For each of the transactions, if revenue is to be recognized in September, indicate the amount.  If revenue is not to be recognized in September, explain why.

Answer:

a. The issue of $26 million in new common stock by Gillespie Enterprises, Inc. is not a revenue transaction.  It is an equity transaction.  Revenue cannot be recognized, but it is a Cash Inflow from financing activity that should be recognized.

b. Since none of the games had been played, Cal State University should not recognize any revenue.  Revenue can only be recognized when a game has been played and some of the tickets used for the played game.

c. $4,000,000 ($20,000,000/5) should be recognized as revenue since the first football game has been played.  Recall that the tickets were for 80,000 five-game-season football games.

d. From Hall Construction Company's point of records, no revenue had been earned.  The deposit of $50,000 received can only be recognized as revenue when the first phase of construction had been completed.

e. The snowboard Magazine Company cannot recognize any amount out of the $1,800 as the subscriptions received are for the next fiscal year.

f. $100 should be recognized as revenue by T-mobile since the service is for September.

Explanation:

The Revenue from Contracts with Customers (IFRS 15 and ASC 606) standard indicates that revenue can only be recognized when the contract's performance obligation has been fulfilled.

Nora has heard that opening a lot of credit card accounts is a good way to build credit. She currently has five cards, but is sometimes forgetful in paying her bills on time and usually has a balance on each card. Her favourite store is offering a $50 coupon on her next purchase, with the promise of more coupons in the future, if she opens a credit card. She decides to open the store credit card to get the discounts.

How would Nora use the decision making steps in this scenario?

Is this a good or bad debt move? Why?

Answers

This is a bad move. You should work on getting a high credit score on one card not multiple.

What is created during the design phase of ADDIE as a vehicle for feedback before moving on to the next stage?
A) Thesis
B) Storyboard
C) Prototype
D) Internship

Answers

Answer:

c: prototype

Explanation:

What are the two parts of the platform used to run application software? GUI and HCI hardware and operating system kernel and software configuration application base and operating system

Answers

Answer:

The answer is B

Explanation:

Answer:the answer is B hardware and operating system

Explanation:

According to leading entrepeneur, Guy Kawasaki, the best reason to start a new business is to ______.


be your own boss

make a large profit

make the world a better place

achieve success

Answers

Answer:

make the world a better place

Explanation:

Answer:

C. Make the world a better place

Explanation:

"The best reason to start an organization is to make meaning - to create a product or service to make the world a better place."

—Guy Kawasaki, entrepreneur, investor, author

Allesandra would like to work in a school environment, and she knows that she would prefer a career in which she spends lots of work time walking around rather than sitting in an office. a. Elementary school teacher b. Administrative support worker c. Instructional designer d. High school principal

Answers

Answer:

a. Elementary school teacher

Explanation:

An elementary school teacher refers to an individual who is an educational professional and is typically saddled with the responsibility of developing and implementing lesson plans for students in the classroom.

Basically, an elementary school teacher educate students on vital subjects such as mathematics, english language, verbal studies, quantitative reasoning etc. which forms the foundation of a student's future career, observe, analyze and evaluate the performance of each pupil, coordinate all classroom activities, enforce school and classroom rules etc. All of the aforementioned responsibilities are executed or achieved by walking around the classroom to effectively and efficiently monitor and evaluate the pupils.

In this scenario, Allesandra would like to work in a school environment, and she knows that she would prefer a career in which she spends lots of work time walking around rather than sitting in an office.

Hence, the education career which would be the best option for Allesandra, is to work as an Elementary school teacher.

Answer:

a

Explanation:

my school teacher

A type of investment that gives a person a share of ownership in a company
is a
A. savings account
O B. bond
O c. stock
O D. hedge fund

Answers

The answer is C-stock I think

A type of investment that gives a person a share of ownership in a company is a stock. Thus, option (c) is correct.

What is a stock?

A stock is a type of investment that gives a person a share of ownership in a company. When a person buys a stock, they become a partial owner of the company and are entitled to a portion of the company's profits.

Stocks are traded on the stock market, and their prices can fluctuate depending on a variety of factors, such as the company's performance, investor sentiment, and overall market conditions. Stocks are important because they provide investors with the potential to earn returns on their investments, and they provide companies with capital to fund their operations and growth.

Therefore, it can be concluded that a type of investment that gives a person a share of ownership in a company is a stock. Hence, option (c) is correct.

Learn more about stock, here:

https://brainly.com/question/29992015

#SPJ7

Draw a correctly labeled graph of a housing market in equilibrium. On your graph, illustrate an effective legal limit (ceiling) on rent. Identify the quantity of housing demanded, the quantity of housing supplied, and the size of the resulting surplus or shortage.

Answers

Answer:

In the first picture I uploaded, I show the housing market equilibrium without any effective legal ceilings on rent. In this equilibrium, the quantity demanded and the quantity supply reach an equilibrum of 70, at a price of $1,100 per rent.

In the second picture I uploaded, we can see the price ceiling in red. The price ceiling does not allow the rent to reach equilibrium, which causes a demand of eighty houses, but a supply of sixty houses, leading to a housing shortage of 20 houses.

Part A
In the video, what tax cut is President Obama extending?

Answers

maybe the tax cut for the middle class or the payroll tax

Answer: He is announcing an extension of a cut in payroll taxes.

Explanation: edmentum/ plato

What is a plan for how much to spend and how much to save of ones earnings called?
A. a wish list
B. a personal budget
C. a saving account
D. an investment portfolio

Answers

The answer is c hoped this helped

Target market for a skating rink?

Answers

Answer:

Civic organizations, school groups, and church groups are key target markets for McKenzie Roller Rink. Parties with over ten people would be considered a group. It is our intent to create a wholesome family atmosphere and so there will be an effort to encourage families to consider skating as a recreational option.

plz tell me the books that I need to study for bcom 1st year (my major subject is accounts)​

Answers

Answer:

And financial expression

To deal with a wartime economic crisis in 1779, Congress urged states to: a. seek loans from friendly European governments. b. allow the free market to operate without regulation. c. adopt measures to fix wages and prices. d. raise taxes on the wealthy. e. establish food banks to distribute food to the needy.

Answers

Answer:

C. adopt measures to fix wages and prices.

Explanation:

Between 1775 - 1783, the thirteen (13) colonies in Congress warred against the British because of its lack of colonial representation and the objection of the British to the direct taxation method introduced by the parliament. This war was known as the American revolutionary war or American war of independence.

Consequently, this war resulted in a deep economic crisis and inflation for the people of America.

To deal with this wartime economic crisis in 1779, Congress urged states to adopt measures to fix wages and prices such as refusal to issue continental dollars but resort to the issuing of tax adjustment  notes, loan office certificates, warrants, quartermaster notes, etc.

Which type of economy is used by the United States?
HELPPPPPPPPP

Answers

Answer:

mixed economy

Explanation:

The United States has a mixed economy. It works according to an economic system that features characteristics of both capitalism and socialism.

mixed economy

The United States has a mixed economy. It works according to an economic system that features characteristics of both capitalism and socialism

A regional automobile dealership sent out fliers to prospective customers indicating that they had already won one of three different​ prizes: an automobile valued at ​$28 comma 000​, a ​$100 gas​ card, or a ​$5 shopping card. To claim his or her​ prize, a prospective customer needed to present the flier at the​ dealership's showroom. The fine print on the back of the flier listed the probabilities of winning. The chance of winning the car was 1 out of 31 comma 248​, the chance of winning the gas card was 1 out of 31 comma 248 comma and the chance of winning the shopping card was 31 comma 246 out of 31 comma 248. Complete parts​ (a) through​ (c).

Answers

Answer:

the requirements are missing, so I looked for a similar question.

a. How many fliers do you think the automobile dealership sent​ out?

b. Using your answer to​ (a) and the probabilities listed on the​ flier, what is the expected value of the prize won by a prospective customer receiving a​ flier?

c. Using your answer to​ (a) and the probabilities listed on the​ flier, what is the standard deviation of the value of the prize won by a prospective customer receiving a​ flier?

a) the total fliers sent out = 31,246 + 1 + 1 = 31,248

b) expected value = [(1 x $28,000) + (1 x $100) + (31,246 x $5)] / 31,248 = $5.90

c) σ² = [($28,000 - $5.90)² x 1] + [($100 - $5.90)² x 1] + [($5 - $5.90)² x 31,246] / 31,248 = ($783,669,634.80 + $8,854.81 + $25,309.26) / 31,248 = $25,080.13

σ = √$25,080.13 = $158.37

Refer to Exhibit 4-11. Suppose that the government imposes a price ceiling in the market for good ABC at a price of $4. The number of units that would be exchanged in the market for good ABC at the price ceiling would be _________ units.

Answers

Question Completion:

Exhibit 4-11  

Price of Good ABC     Quantity Demanded    Quantity Supplied

      $4                                          100                             40

        5                                           80                              80

       6                                            60                             110

       7                                            50                            160

Options:

a. 20

b. 40

c. 100

d. 60

Answer:

The number of units that would be exchanged in the market for good ABC at the price ceiling would be _________ units.

b. 40

Explanation:

The suppliers of good ABC cannot sell above $4 since it is the price ceiling.  A price ceiling is the opposite of a price floor.  A price ceiling usually prevents the market of good ABC from reaching equilibrium as suppliers will be unwilling to supply more units of ABC.

In a society with a market economy, property rights are generally enforced by
A. the banks
B. the courts
C. the producers
D. the consumers

Answers

Answer:

ccccccccccccccccccccccc

Explanation:

In the month of November, Cullumber Company Inc. wrote checks in the amount of $10,230. In December, checks in the amount of $11,815 were written. In November, $8,240 of these checks were presented to the bank for payment, and $10,655 in December. There were no outstanding checks at the beginning of November. What is the amount of outstanding checks at the end of November? At the end of December? November December The amount of outstanding checks $enter a dollar amount $enter a dollar amount

Answers

Answer and Explanation:

The computation of the outstanding checks is shown below:

For the November end

= Checks - presented in the bank

= $10,230 - $8,240

= $1,990

For the December end

=  Checks - presented in the bank + presented in th bank - checks

= $10,230 - $8,240 + $11,815 - $10,655

= $3,150

We simply applied the above formula

One month ago, Kyle made a goal to save $800 for a new video camera. The deadline is in seven months. He now has $110 saved. Evaluate his progress toward reaching his goal. Is Kyle on track to reach his goal? Yes or no?

Answers

Answer:

No, he will not reach his goal if he saves $110 per month.

Explanation:

Answer:

yes

Explanation:

This software application can be used to organize, analyze, and illustrate data.

Answers

Answer:

its Excel :)

Explanation:

I learned abt it

Answer:

person above me

Explanation:

Small businesses selling on credit find that:

a. it is relatively inexpensive and simple.

b. it is expensive and requires a great deal of effort.

c. it is essentially borrowing money from the customer.

d. many can get by without selling on credit because their business customers don't expect to use credit.

Answers

Answer:

b. it is expensive and requires a great deal of effort.

Explanation:

selling on credit is basically lending money to customers and it can be very expensive for a small business. First of all, the risk of not getting paid always exists. Second, a small business doesn't generally have excess cash in order to finance credit sales. This means that you might probably need to borrow money yourself to finance your customers.

The good side of credit sales is that they might help you increase your total sales. But you have to calculate which is higher, the costs or the benefits.

Value of a mixed stream Harte​ Systems, Inc., a maker of electronic survillance​ equipment, is considering selling the rights to market its home security system to a​ well-known hardware chain. The proposed deal calls for the hardware chain to pay Harte ​$28 comma 000 and ​$23 comma 000 at the end of years 1 and 2 and to make annual​ year-end payments of ​$18 comma 000 in years 3 through 9. A final payment to Harte of ​$30 comma 000 would be due at the end of year 10. a. Select the time line that represents the cash flows involved in the offer.

Answers

Answer:

a. Select the time line that represents the cash flows involved in the offer.

NCF1 = $28,000

NCF2 = $23,000

NCF3 = $15,000

NCF4 = $15,000

NCF5 = $15,000

NCF6 = $15,000

NCF7 = $15,000

NCF8 = $15,000

NCF9 = $15,000

NCF10 = $30,000

If you want to compare this set of cash flows to another offer, you will need to calculate the present value first. E.g if you use a 12% discount rate, the PV of these cash flows = $107,570.

This is the experience curve for the fictional Motorcycle STICKER industry. The average slope is .167 meaning that for every doubling of output costs drop 83.3%. Xtreme Stickers Inc. just came out with a brand new product that is better than anything else in the industry. Even though we are talking abut stickers competitors cannot copy you very quickly. As the CEO of Xtreme Stickers Inc. you need to decide how to price your stickers. What pricing model will you choose?

Answers

Answer:

Aggressive Pricing Model

Explanation:

In a scenario such as this one, the best pricing model would be an aggressive pricing model. This is because due to the slope being 0.167 this means that the faster your business grows the lower prices you can charge for your product while still making the same profit margins. This is due to your output costs dropping by more than half as you grow. These lower prices also allow you to compete with the other industries in the market and outperform them drastically due to being able to charge a much lower price for the same product as the competition.

Suppose the production of electricity by a utility generates pollution that harms others. Suppose also that Coase bargainingLOADING...can occur between the utility and the victims of pollution but that the utility has not been legally liable for the damages from its pollution. How would making the utility legally liable for the damages from its pollution affect pollution​ reduction? If the electric utility and the people suffering the effects of the​ utility's pollution can​ bargain, then making the utility legally liable for the damages from its pollution will

A. increase the amount of pollution reduction by decreasing the marginal cost of pollution reduction to the utility.

B. increase the amount of pollution reduction by increasing the marginal cost and increasing the marginal benefit of pollution reduction to the utility.

C. not change the amount of pollution reduction because the marginal benefit and marginal cost of pollution reduction will not change.

Answers

Answer:

B. increase the amount of pollution reduction by increasing the marginal cost and increasing the marginal benefit of pollution reduction to the utility.

Explanation:

The above is likely the answer due to the fact that, an increase of the marginal cost would likely lead to increasing the amount of pollution reduction all things being equal.

What is a stock symbol?

Answers

Answer:

A stock symbol is an arrangement of characters—usually letters—representing publicly-traded securities on an exchange. When a company issues securities to the public marketplace, it selects an available symbol for its shares, often related to the company name.

Explanation:

Other Questions
I NEED ANSWERS FAST PLEASE HELP (Score for Question 2: of 20 points)Read the passage. Then answer the question.Out of PlaceBen bunu yapmayacam . . . I will not do that. He cant have my shoes, he stole my guitar! Erkans eyes looked impudent beneath his dark brow as his cheeks reddened in fury. His gray-whiskered lips trembled as his hand gripped tightly around the nurses wrist. The nurse carefully but firmly freed himself from Erkans grasp. He then turned to the caregiver who was assisting him, smiled, and said calmly, Go get Michelle.Michelle was scanning boxes of gauze bandages and stacking them onto a shelf in the storeroom when the caregiver came in and announced, Phillips trying to get Erkan to take a shower and he needs your help. Michelle rushed out of the store room and down the hall to Erkans room.This was the last week of Michelles internship. It was her junior year, and the internship was part of her Workplace and Consumer Education class. At first she wanted to intern at her dads gas station, but her teacher told her she needed to branch out and signed Michelle up at the Oakcourt Nursing Home, only 15 minutes away from her house.Wearing a Pittsburgh Steelers sweatshirt and jeans, with dark curls pushed back in a hair clip, Michelle stood out from the crowd of nurses and caregivers in white pants and polo shirts who were standing huddled in the doorway of Erkans room. She moved past them and rushed to Erkans side. As soon as he saw her, Erkans face brightened and he stopped looking like a stricken animal and instead looked like someone who recognized a dear old friend.He cant have them, Michelle. I sold them at the corner, Erkan shouted, pushing his way to Michelle. He stole my guitar, he whispered.I know, Erkan, but he was only trying to help you get some money to pay for your trip. Michelle had been frightened by a lot of the residents of the nursing home when she first started the beginning of the semester. Many of them were incoherent and loud, and some could be very aggressive and scary. Erkan often pushed or kicked and ranted. Michelle had started to regret this internship, and she even avoided going near Erkans room whenever possible. He lives in his own world, Philip, the managing nurse, explained to Michelle after her first encounter with Erkans temper.Still, Michelle had been curious, and she felt sorry that Erkan had a bad reputation among the staff. She too had felt like everyone mistrusted herespecially at the nursing home where she was so much younger than the rest of the staffso she understood how he must feel. Besides, he was the only person in the whole place with skin nearly as dark as hers.Over time, she noticed patterns in Erkans rants: He would sometimes mention his guitar and his father and the city of Diyarbakir, which she learned is in Turkey. So she decided that the next time she brought supplies to his room, instead of avoiding Erkan, she would play along with whatever he said. If he lived in his own world, then she would try to join him there. Bit by bit, she discovered that he had immigrated to the United States from Turkey when he was very young. His father had saved as much money as possible to pay for his journey, but he needed to sell Erkans guitar to help cover the cost. Erkan had moved in with his aunts family in Scranton, Pennsylvania, and finished school there. Eventually he got married, had children of his own, and worked for years signing Turkish singers to a small record label. But hed never quite felt at home in the United States.I know he sold your guitar, but you told me yourself he just wants whats best for you, Michelle said, while Philip and the caregiver looked on in amazement as Erkan settled into an armchair. Now why dont you listen to Philip, take your shoes off, and have a shower?For you, Michelle, Ill do it.You can feel out of place in a country, in the place where you live, or even in your own head, Michelle thought. But if youre lucky, someone will know how to find you and remind you that we all feel that way sometimes.In Out of Place, how has Ekrans relationship with Michelle affected him? Discuss interactions between the two characters and explain how Ekran reacts to these interactions. Use evidence from the text to support your response. Your response should be at least two complete paragraphs.Answer:Type your answer here. Identify the term for unsold goods, raw materials, Or work-in-progress that a company has. whats the first step? Ryan and two of his friends contribute $8.33 each, to buy a baseball bat from a sports shop. Findthe price of the baseball bat. Find the maximum value of the function f(x) = -x^2 + 3x +2 Which words in the sentence are proper nouns and should be capitalized? Choose three words. When the U.S. constitution was written, it was a hot and sunny day in philadelphia, pennsylvania. A. pennsylvania B. constitution C. hot D. day E. philadelphia F. the G. was What is a synonym for the word happy? How valid are social roles? Explain and provide one example to support your answer. What Amendment in the Bill of Rights is the most important? Why do you believe this? Which best represents the change in the vertices of rectangle ABCD to form rectangle A'B'C'D'?F) (x, y ) (2x, 2y)G) (x, y ) (1.5x, 1.5y)H) (x, y ) (3x, 3y)J) (x, y ) (4x, 4y) All of the following have contribute to Europe's pollution Problem by being released into the water supply except ________.A. mineralsB. FertilizersC. pesticidesD. Carbon dioxide what is the value of the expression 12 - kif k = (-3) How do some of the challenges described inthese two paragraphs about adaptation differ from Ha's experiences as arefugees b) You started with $300, and you spent $115 on Jake. You also set aside money tocover the sales tax on $300. Now it's your turn decide exactly what you willpurchase with the money you have left. You calculated the costs and best pricesfor sheets, shoes, dressers, and peaches, but you didn't buy anything yet. Nowit's time to make your purchases. Make a list of the things you will buy and howmuch each items cost. Explain your purchasing decisions. (2 points) Help me please. Write a ratio expressing the slope of the line passing through (5,7) and (-3,-2). Why do some people protest against Christopher Columbus being seen as a hero? please answer Most mutations that cause cancer occur within body cells, and body cell mutations are not inherited. If cancer is not inherited, why does cancer statically appear to run in families? Family members have a similar genetic make-up that may make them predisposed to cancer. Family members are exposed to similar environmental conditions. Family members have a widely varied genetic make-up that can be affected by specific mutagens. Family members share the contagious mutagens that can be passed by close exposure. Find the directional derivative of the function at the given point in the direction of the vector v. g(p, q) = p4 p2q3, (2, 1), v = i + 3j What first caused people to consider that the continents were once one large landmass?glacier evidence in warmer countriescontinents looked like they fit togetherstudying the valleys of the ocean floor similar fossils were found on many continents This was the final act before war broke out. The Canadian border was extended southward to the Ohio River. French Canadians were allowed to keep their laws, language, and Roman Catholic religion. What 1774 act was this?