QUESTION 13 4 points Saved Will is planning on purchasing a new baseball bat online, as he cannot find it in any of the stores in Georgia. He sees the bat on Amazon for $379, but found it on Shady Jake's Baseball Emporium for $333 plus free shipping. After checking reviews for Shady Jake's, he has some concerns about the reputation of the company. However, he wants to save his dad a few bucks so he uses his dad's debit card to purchase the bat. Did he make the best choice? Yes. Will saved his dad $46 plus shipping. Yes. He did the research and found a good place to purchase the bat. No. He should have paid more to purchase the bat at a reputable store. No. He should have used his dad's credit card to minimize the risk of purchasing from a potentially shady operation. QUESTION 14 4 points Saved Scott purchased a life insurance policy to insure that his kids were taken care of in the event of his untimely death. Since they are now grown, he feels he no longer needs the life insurance. He would like to exchange it for an annuity that can provide him additional income for his golden years. Which of the following is correct? He can make the exchange, but it will be taxable to the extent of the cash value. He can make the exchange, but it will be taxable to the extent of the cash value less the additional money he puts into the annuity. He can make the exchange, which will not be taxable. He can make the exchange, which will not be taxable, but his basis will not reflect any of the investment into the life insurance policy. QUESTION 15 4 points Saved Which of the following is collected by credit agencies for a credit report? Tax liens. Pay raises. Employment history. Adjusted gross income