Which of the following is not a personal-use asset? ☐  A holiday home on one hectare of land ☐  A set of golf clubs ☐  An option to acquire a personal use asset ☐  A debt relating to a personal use asset

Administration Of Wills/Trusts/ And Estates
5th Edition
ISBN:9781285281308
Author:Brown
Publisher:Brown
Chapter4: Intestate Succession
Section: Chapter Questions
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  1. Which of the following is not a personal-use asset?
  1. ☐  A holiday home on one hectare of land
  2. ☐  A set of golf clubs
  3. ☐  An option to acquire a personal use asset
  4. ☐  A debt relating to a personal use asset
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