________ Is the Use of Generalities and Clear Exaggerations

question 31

Multiple Choice

________ is the use of generalities and clear exaggerations.

• A)Constructive fraud
• B)Puffing
• C)Bait-and-switch advertising
• D)Deceptive advertising
• E)Fraud in the factum

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Definitions:

Refundable

Pertaining to certain tax credits or payments that can be refunded to the taxpayer if they exceed the amount of taxes owed.

Advance Payments

Payments made before they are due or before goods or services are received.

Maximum Amount

The highest limit specified for an action, transaction, or financial account, beyond which one cannot go.

Credit For The Elderly

Credit for the Elderly is a tax credit available to eligible taxpayers aged 65 or older or those who are retired on permanent and total disability and who meet certain income limitations.