If You Know That Your Best Friend Is Allergic to Clams

question 126

Multiple Choice

If you know that your best friend is allergic to clams, oysters, shrimp, and lobster, you know that she is allergic to shellfish.Going from these specific instances of allergy to a general statement that covers all situations illustrates

• A)deductive thought.
• B)inductive thought.
• C)intuitive thought.
• D)creative thought.

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Definitions:

Tax Burden

The measure of taxes that an individual or business must bear, often expressed as a percentage of income or profit.

Legal Assignment

The transfer of a property right or title to some particular benefit, usually from one party to another, under the terms of a legal agreement.

Social Security Tax

A tax that funds the Social Security program, which is levied on both employers and employees to provide financial assistance to retirees, disabled individuals, and survivors.

Withholding Rate

The percentage of an employee's pay that is not included in their take-home pay because it is held back for taxes.