Which of the following is not excluded from income?

A. public assistance payments
B. life insurance proceeds paid by reason of death
C. fair market value of prize won on a game show
D. gifts and inheritances


Answer: C

Business

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Indicate whether the statement is true or false

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With regard to the time value of money,

a. amounts are adjusted for inflation over the period of the investment. b. the amount of the present value is always higher than the future value. c. the future value amount is always higher than the present value amount. d. the present value and the future value have to be equal.

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Of the following sectors of society, which one has NOT endured a poorly-handled crisis in the 21st century?

A) the government B) the journalism profession C) Hollywood D) organized religion

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How is the theory of negligence in product liability different in common law states compared to countries that don't follow common law?

What will be an ideal response?

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