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Giving Gifts

Question 49

Multiple Choice

Giving gifts:


A) Is illegal.
B) Is controlled by the I.R.S.
C) Can be effective.
D) In unethical.
E) None of these.
(Note to the instructor about answer: The I.R.S.does not control gift giving;it just limits how much one can deduct for income tax purposes for doing so.You can give whatever you want to give. )

Correct Answer:

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