Author Question: Taxable income equals adjusted gross income minus A) tax credits. B) nontaxable ... (Read 103 times)

bobthebuilder · **on:** Jul 10, 2018

Taxable income equals adjusted gross income minus

A)

tax credits.
B)

nontaxable exclusions.
C)

personal dependency exemptions and personal deductions.
D)

taxes withheld from wages.

Question 2

If the listing agreement indicates the real estate agent has an exclusive right to sell, then

A)

the agent earns a commission regardless of who sells the property.
B)

the agent earns a commission only if the property is sold through a real estate agency.
C)

the real estate agent receives a commission only if he or she discovers a buyer.
D)

the real estate agent need only provide the seller a predetermined amount of money. The agent receive the difference between the sale price and the amount promised the seller.