Use the Following to Answer the Questions Below

question 10

Multiple Choice

Use the following to answer the questions below:
In each of the following multiple-choice questions, characterize EACH of the three given statements as being TRUE or FALSE and then indicate the collective true-false status of the statements using the choices:
-Statements: (1) Structurally, the difference between malonic acid and succinic acid is a -CH₂- grouping.
(2) A carboxylic acid salt is generally more soluble in water than the carboxylic acid from which it is obtained.
(3) Ester hydrolysis and ester saponification are "reverse" reactions of each other.

• A) All three statements are true.
• B) Two of the three statements are true.
• C) Only one of the statements is true.
• D) None of the statements is true.

---

Definitions:

Net Income

The total earnings of a person or company after all expenses and taxes have been subtracted from total revenue.

IRS Method

A specific approach or set of guidelines established by the Internal Revenue Service for calculating taxes, deductions, and credits.

Mortgage Interest

The amount charged for borrowing money to purchase property, which can often be deducted from income taxes under certain conditions.

Royalties

Payments made to a rights holder, such as an author, artist, or patentee, for the use of their original work or invention.