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Jack opens a savings account with a local credit union. The account was opened during a promotion for new customers. The credit union offered a
Jack opens a savings account with a local credit union. The account was opened during a promotion for new customers. The credit union offered a $1,000 prize to one of its new customers. To be eligible, customers had to deposit a minimum of $1,000 and leave it in the account for a minimum of six months. Jack was the prize winner. Is her prize assessable?
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