Which of the Following Is FALSE Regarding the Tax Free

question 8

Multiple Choice

Which of the following is FALSE regarding the Tax Free Savings Account (TFSA) ?

• A) Any unused amounts not contributed in a year may be carried forward indefinitely to future years.
• B) There is no mandatory age by which a TFSA must be wound up.
• C) TFSA contributions are tax deductible.
• D) Capital gains earned within TFSAs are not taxed.

Understand the distinctions between various communication mediums and their applications.

Recognize the advantages and disadvantages of different communication methods.

Identify effective communication channels for specific purposes, such as immediacy of feedback or formality.

Understand the processes and strategies for generating and organizing content for messages.

---

Definitions:

Oligopolies

Market structures characterized by a small number of firms controlling a large majority of the market share and having significant impact on prices and production.

Pure Monopolies

Market structures characterized by a single seller that faces no competition, typically due to high barriers to entry.

Socially Desirable

Refers to actions or policies that are considered beneficial to the wider community or society as a whole.