In Which of the Following Situations Are Points Paid on a Home

question 54

Multiple Choice

In which of the following situations are points paid on a home mortgage loan not deductible in the year of payment?

• A)purchase
• B)refinance
• C)construction
• D)improvement

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Definitions:

Challenge For Cause

A voir dire challenge to exclude a potential juror from serving on the jury for a reason specified by an attorney in the case.

Direct Examination

The examination of a witness by the attorney who calls the witness to the stand to testify on behalf of the attorney's client.

Leading Questions

Queries phrased in a way that suggests the desired answer, typically discouraged in witness examination unless during cross-examination.

Stereotypes

Oversimplified, fixed ideas about a group or category of people, often based on assumptions rather than facts.