QUESTION 6 George recently paid $ 50.00 to renew his driver's license. This payment is considered a tax. True False QUESTION 7 Because the United States District Court knows a broader set of cases, decisions of the United States District Court may be considered to have a more authoritative weight than the United States Federal Claims Court. True False

QUESTION 8 Corporations are required to file a tax return only if their taxable income is greater than: a-$ 0 b-$ 1,000. c-$ 600. d-$ 750. e-None of those. QUESTION 9 The future value can be calculated as Future Value = Present Value / (1 + r) n. True False

QUESTION 10 The conversion strategy takes advantage of the fact that tax rates vary according to different activities. True False