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Julie, a Single Individual, Is Employed by Dashell Inc

question 27

True/False

Julie, a single individual, is employed by Dashell Inc. but doesn't participate in any employer-sponsored retirement plan. Julie's annual contribution to her traditional IRA is deductible.


Definitions:

Strict Liability

A legal doctrine holding an individual or entity liable for damages regardless of fault, often applied in cases involving inherently hazardous activities.

Inherent Dangerousness

The natural tendency of an activity, substance, or situation to pose a risk of harm or injury.

Court of Appeal

A court in many jurisdictions that hears appeals from decisions of lower courts, reviewing matters of law and fact for errors.

Magistrate's Court

A lower-level court where minor criminal offenses and civil cases are heard and determined.

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