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1. All of the following are true with respect to general powers of appointment except:,I. A general power of appointment is similar to outright ownership of property,II. A general power of appointment allows the power holder to appoint the assets to his creditors. ,III. There are no transfer tax consequences associated with general powers of appointment. ,A. I and III,B. II only,C. II and III,D. III only,E. All are True,