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Salary Earned by Minors May Be Included on the Parents

question 42

True/False

Salary earned by minors may be included on the parents' tax return.

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Definitions:

Damages

Monetary compensation awarded by a court to a person who has suffered loss or harm due to the wrongful act of another.

Mandatory Injunction

A court order requiring an individual or entity to perform a specific action, often to correct a wrong or prevent further harm.

Violate Contractual Term

The act of failing to perform obligations or duties as outlined in a contract.

Tender of Performance

An offer by one party to perform their part of the contract, demonstrating readiness and willingness to fulfill the contract terms.

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