Irene’s husband passed away this year. after his death, irene received $250,000 of proceeds from life insurance on her husband, and she inherited her husband’s stock portfolio worth $750,000. what amount must irene include in her gross income?
a. $1 million
b. $750,000
c. $500,000
d. zero but only if irene does not opt to receive the life insurance proceeds in a lump sum

hello,

answer: a federal government has final authority on interstate/inter provincial  and international affairs, a confederation is one where the central/national government or authority is governing body what does not have final say over the same matters. hopefully this and i will try again if you don't like this answer : )

best of luck!

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