Disclaimers Can Get You in Trouble If You Use Them

question 14

True/False

Disclaimers can get you in trouble if you use them too often.

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Definitions:

Economic Benefit

The advantage gained from salary, wages, investments, or any other source that increases an individual's wealth or resources.

Exempt

Not subject to an obligation, duty, or requirement; often used in the context of income that is not subject to taxation.

Capital Gains Rates

The tax rates applied to the profit made from selling an asset for more than its purchase price.

Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits.