Under certain conditions, a single home owner may exempt up to how much in gains from the sale of his or her personal residence?

a. $500,000
b. $300,000
c. $250,000
d. $125,000

Answer: c. $250,000

Business

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Typically, the chart of accounts begins with

a. revenue accounts. b. asset accounts. c. liability accounts. d. expense accounts.

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Which of the following is/are considered to be conduct to invalidate a will?

a. Duress. b. Undue influence. c. Fraud. d. All of these.

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