Answer: Cooperative Ownership
Explanation: In a cooperative ownership, the buyer receives shares of stock in the building corporation and a lease or assignment of the seller's lease of the apartment being sold.A cooperative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.Buying a house or renting an apartment aren't the only living arrangements available in the marketplace. Housing cooperatives, colloquially known as co-ops, provide an alternative to the traditional methods of acquiring a primary residence.
Answer: Option B
Explanation: Safeguarding inventory refers to keeping proper records of inventory and protecting it from any kind of damage that may result in loss to the organisation.
The main objective behind safeguarding inventory is to minimize loss of the organisation that is keeping it.
In the given case, second option is the purchase return and it could not be considered a default of the purchaser of inventory.
Hence from the above we can conclude that the correct option is B.
The answer that best fits the blank space in the question is (A) city.
Infrastructure generally refers to <em>the essential facilities and systems that serve an area, which can apply to a city, country, or even smaller regions such as a village</em>.
Infrastructure does not only apply to physical structures such as roads and water supplies, but also to things such as educational programs and emergency services.
Answer:
a.$4,704
Explanation:
Depreciation rate applicable for 2nd year as per MACRS 5 year class property = 32%
So, Irene cost recovery deduction = $21,000 * 32% * 70% = $4,704
Hence, the cost recovery deduction for Irene in 2020 is $4,704.
