A tax ________ is an amount subtracted directly from the amount of taxes owed.

Question 9 options:

A)

credit

B)

exclusion

C)

shelter

D)

exemption

E)

deduction

Which one of these investments produces tax-exempt income?

Question 10 options:

A)	Stock mutual fund

B)	U.S. savings bonds

C)	Corporate bond

D)	Corporate stock

E)	Municipal bond

Which one of the following refers to a category based on the driver's age, sex, marital status, and driving habits that is used to set automobile insurance premiums?

Question 11 options:

A)	Rating tiers

B)	Driver classification

C)	Assigned risk pool

D)	No-fault system

E)	Rating territory

Possible losses due to negligence resulting in bodily injury or property damage to others are called ________ risks.

Question 12 options:

A)

property

B)	speculative

C)

liability

D)

personal

E)	commercial