Which of the Following Would NOT Be a Part of Personal

question 325

Multiple Choice

Which of the following would NOT be a part of personal income?

• A) indirect business taxes
• B) payments received from Social Security
• C) retirement checks
• D) corporate dividend payments to shareholders

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Definitions:

Contract

A commitment between two or more individuals or groups that is backed by and enforceable through the legal system.

Misrepresents Age

The act of intentionally providing a false age or birth date, typically to bypass age restrictions or for other benefits.

Disaffirm

Disaffirm refers to the legal act of renouncing or nullifying a contract or agreement, especially employed when one party to the agreement is not capable of fully understanding their obligations due to age or mental state.

Good Faith

Acting with honesty, fairness, and without deceit or fraud in transactions or interactions.