Disclosure Laws Deal with Candidates Specifying Where and How They

question 20

True/False

Disclosure laws deal with candidates specifying where and how they earned their personal wealth and assets.

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Definitions:

Deductible

An amount that must be paid out of pocket before an insurer will cover any expenses.

Assessed Valuation

A property value determined by a representative of the local or state government.

Taxation

The process by which governments finance their expenditure by imposing charges on citizens and corporate entities.

Tax Rate

The percent used to calculate a tax.