Which of the Following Statements Regarding Dependents Is False

question 114

Multiple Choice

Which of the following statements regarding dependents is false?

• A)A taxpayer may be allowed to claim another as a dependent even if the taxpayer has no family relationship with the other person.
• B)To qualify as a dependent of another, an individual must be a resident of the United States.
• C)An individual who qualifies as a dependent of another taxpayer may not claim any dependents.
• D)An individual cannot qualify as a dependent of another as a qualifying relative taxpayer if the individual's gross income exceeds a certain amount.

---

Definitions:

Competitors' Purpose

A strategic objective or intention that drives actions and decisions among businesses within the same market or industry aiming to achieve a competitive edge.

Sherman Act

The Sherman Act is a foundational antitrust law in the United States, aiming to prevent monopolies and promote competition by prohibiting business practices that restrict trade.

Concerted Action

A coordinated effort or strategy among individuals or entities aimed at achieving a particular goal, often in a legal or industrial context.

Federal Trade Commission

An independent agency of the United States government, aimed at preventing anticompetitive, deceptive, and unfair business practices.