Which of the Following Gifts or Prizes Would Be Considered

question 68

Multiple Choice

Which of the following gifts or prizes would be considered taxable income to the person receiving the gift?

• A)$5,000 given to the taxpayer by his friend
• B)A mobile home given to the taxpayer by his mother
• C)A ski boat won by the taxpayer on the Price is Right
• D)A Mustang GT given to the taxpayer by his brother
• E)None of the above would be considered taxable

---

Definitions:

Hacker

A person who uses one computer to break into another.

Negative Impact

A detrimental effect that reduces quality or function in some capacity.

Criminal Defendant

A person who has been charged with a crime and is facing prosecution.

Confront Accusers

A legal right in many judicial systems that allows a defendant to see and cross-examine all witnesses against them during the course of a trial.