Donald Wanted to Buy a House in the Country, So

question 55

Multiple Choice

Donald wanted to buy a house in the country, so he sought advice from his cousin Evan. Evan explained the advantages and disadvantages of home ownership; however, he had some information incorrect. Which of the following is incorrect?

• A) An advantage is that Donald can deduct mortgage interest and real estate taxes.
• B) A disadvantage is that Donald is responsible for maintenance and costs of repairs and home improvements.
• C) An advantage is that the down payment required is less than the security deposit for a rental.
• D) A disadvantage is that real estate taxes are a major expense for homeowners.
• E) An advantage is that Donald can paint his house bright purple with green trim to match his college's colors.

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Definitions:

Eyewitness Testimony

evidence provided by individuals who were present at the scene of a crime, describing what they observed.

Healthy Skepticism

An approach of questioning beliefs, claims, or practices based on evidence and logical reasoning rather than accepting them at face value.

Leading Questions

Questions that are phrased in a way that suggests a particular answer or influences the response of the person being asked.

Rehearsal

A cognitive process of repeatedly practicing or going over information to enhance memory retention.