9. Which of the following expenditures would not be allowed as a deduction? If more than one would not be allowed, select either Dor E. A. A speeding ticket B. An expense incurred while operating an illegal gambling business C. A government imposed penalty Neither A nor C would be allowed E. Neither A, B, nor C would be allowed D. 10. A business bad debt is deductible for tax purposes as a(n): A. Short-term capital loss B. Itemized deduction Long-term capital loss Ordinary business deduction None of the above C. D. E