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Joe Black,a police officer,was injured in the line of duty.He received the following during the current year: What is the amount that is taxable?
Fraudulent Misrepresentation
Misleading (false) words made knowingly, without belief in their truth, or recklessly, causing injury.
Sue
To initiate legal proceedings against another party, typically for the recovery of a right or redress of a grievance.
Undisclosed Principal
An Undisclosed Principal refers to a situation where an agent acts on behalf of a principal, but the identity of the principal is not revealed to the third party at the time of the transaction.
Suing
The act of initiating legal proceedings against a person or entity to recover a right or redress a grievance.
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