Answer:
Liability insurance is a part of the general insurance system of risk financing to protect the purchaser from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
Explanation:
Answer:
Nicolas has a $75000 § 1231 gain
ordinary gain = $35,000
Explanation:
Data provided in the question:
Cost of the land = $8,000
Cost of timber = $250,000
Appraised value of timber = $325,000
Selling cost of the timber = $360,000
Now,
Gain = Appraised value of Timber - Adjusted basis
or
$325,000 - $250,000
= $75,000
Thus,
Ordinary gain = Selling price - Appraised value of Timber
Ordinary gain = $360,000 - $325,000
= $35,000
Therefore,
Nicolas has a $75000 § 1231 gain
ordinary gain = $35,000
T<span>aking small samples in every situation is not always appropriate. If the populations </span>are<span> very large, you </span>cannot<span> just take small samples because it will not represent the entire population. Small samples </span>are<span> usually for verifications purposes that is the reason why it can detect some errors that the larger samples </span>cannot<span>.</span>
Ray Kroc provided training and support to franchisees to ensure that quality would be consistent in every McDonald's restaurant when he franchised
McDonald's that set the bar for future franchise operations.
Franchising and licensing area unit typically<span> appealing business models. </span>in a very<span> franchising model, the franchisee uses </span><span>other firm's </span>eminent<span> business model and </span>name to control what's<span> effectively an </span>freelance<span> branch of </span>the corporate<span>.</span>
