Which of the Following Is Not a Feature of a Registered

question 36

Multiple Choice

Which of the following is not a feature of a registered education savings plan (RESP) ?

• A)The Educational Assistance Payments
• B)The tax deduction for the contributions
• C)The Canada Education Savings Grant from the government
• D)The Canada Learning Bond for modest income families

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Definitions:

Deficit of Electrons

A deficit of electrons occurs in an atom or molecule when it has more protons than electrons, resulting in a positive charge, often referred to as an ionized state.

Anode

The positively charged electrode in an electrochemical cell, where oxidation occurs.

Spike Suppression

Techniques or devices used to protect electronic circuits from transient voltage spikes, preventing damage and ensuring reliability.

Power Supply

A device or system that provides the necessary electrical power to operate or charge devices.