Money contributed to political candidates that is unregulated as to source or amount under federal election law is called:
A. direct money.
B. soft money.
C. earnest money.
D. hard money.
Answer: B. soft money.
Business
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Indicate whether the statement is true or false
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In order to claim a tax deduction for a charitable contribution, you must be
A) over 21 years of age. B) earning more than $50,000 per year. C) itemizing deductions on your income tax return. D) in at least the 25% tax bracket.
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