Answer:
The answer is Quality of information and Asymmetric information
Explanation:
Information quality is a multi-attribute concept, it is said to define the quality of information are of good quality or of high value then the information is said to have good quality.
Asymmetric information also regarded as "information failure" occurs in a business environment in which some agent in a trade possesses information while other agents involved in the same trade do not.
A real estate attorney is the best person to help Cynthia prepare a lease option.
<h3>Who is the optionee in an option contract?</h3>
- The seller is the optionor and the buyer is the optionee in an option contract.
- It is a unilateral contract since the buyer has the option to purchase while the seller is required to sell.
<h3>What is an option to buy agreement?</h3>
- An option-to-purchase agreement is a contract that grants a tenant or investor the opportunity to buy real estate in the future in exchange for a fee.
<h3>What does first option to buy mean?</h3>
- When an owner intends to sell a property, this clause, also known as a right of first refusal or first right to purchase, compels the owner to provide the holder the first opportunity to purchase the property.
- The holder cannot compel the owner to sell, unlike the option to purchase.
<h3>What is purchase option?</h3>
- A purchase option is the freedom to buy, rent, or lease real estate or other property interests.
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Answer:
$890
Explanation:
With respective to tax perspective, the following items are not available for deductions which are shown below:
1. Union dues and work uniforms
2. Home office expenses
3. Unreimbursed employee expenses
The gambling losses are extent to the gambling winnings i.e $890 is available for the itemized deductions. The 2% rate is not applicable.
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