Consider Sam, an individual who has a piece of property that substantially apprecialed since he purchasod it. If Sam decides to sell the property, a sale to which of the following pooplo would most likely be considered to be non-arm's length as por the Income Tax Act? Choose the corroct answer. A. Sam's managar at his place of employment, Jude B. his wile, Paula C. his friend Rob, whom he has known for 20 years D. a buyer that contacted Sam from an advertisement for the property Which of the following is an advantage of TFSAs over RRSPs? Choose the correct answer. A. TFSAs have more qualified investment options. B. TFSA contributions result in an immediate tax savings. C. TFSA yield more after tax funds, given the same investment results D. TFSA withdrawals do not affect OAS clawback. Which of the following is a taxable retiring allowance? Choose the correct answer. A. a $31,000 bonus paid by an employer upon retirement for completing 30 years of service B. payments received by a taxpayer under the Old Age Security Act C. payments received from the Canada Pension Plan D. workers' compensation payments received by an individual who is no longer able to work