Examlex
All states are granted an equal number of senators,with the number of representatives determined by the most recent census figures.
Ownership Test
Criteria used to determine if an individual or entity has the necessary ownership interest in a property or investment to qualify for certain tax benefits.
Personal Residence
The home in which a person or family lives as their primary place of residence, potentially qualifying for certain tax benefits.
Gain Exclusion
A provision in tax law allowing taxpayers to exclude certain types of financial gains from their taxable income, such as the sale of a primary residence.
Spouse
A legally wedded husband or wife.
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Q76: Which of the following is an example