1. Which of the following is not an element of succession?

a. Decedent
b. Estate
c. Heir
d. Administrator
2. Inheritance does not include
a. Property
b. Public Office
c. Rights not extinguished by death
d. Obligations not extinguished by death
3. Estate Tax is
a. A property tax because it is imposed on the property transmitted by the decedent
to his heirs
b. An excise tax because the object of which is the shifting of economic benefits
and enjoyment of property from the dead to the living
c. An excise tax because the object of which is the shifting of economic benefits
and enjoyment of property from the dead to the living
d. A poll tax because it is also imposed on residents of the Philippines whether
Filipino citizens or not
4. Which of the following is not a distinction between estate tax and donor’s tax?
a. The tax imposed as an excise tax
b. Extension for payment
c. Effectivity of the transfer of property
d. The exception granted in the tax table
5. Statement 1: The estate tax accrues at the moment of death of the decedent.
Statement 2: In estate taxation, the taxpayer is the decedent.
Which of the above statements is correct?
a. Statement 1 only
b. Statement 2 only
c. Both statements
d. Neither statements