Answer:
He can include $16,000 in his gross income.
Explanation:
As the life insurance policy was transferred for some valuable consideration so the amount of valuable consideration will be deducted from the insurance proceeds.
Also premium paid by the transferee will be deducted from proceeds.
Now as the transferee received $25,000 from insuarance company.
So Tylor can include $25,000 less $7,500 less $1,500 in his gross income.
He can include $16,000 in his gross income.
Answer:
Utility overvalued
Explanation:
According to economists, such people over value the utility they are meant to get in the future. They only want to get the entire satisfaction at a go because of the fear of not getting that food again in the nearest future.
The best type of system for the order of the jewelry would be:
<span>1. </span>A customer chooses what he wants from the jewelry
<span>2. </span>He/she must check if the special jewels that he/she wanted are available for pre-order
<span>3. </span>Once the business agreement is done a transaction shall be followed in the making.
<span>Special orders should always be made to be pre-ordered, if the supplier has the item.</span>
Answer: 3. a motion to dismiss.
Explanation:
When a party believes that a case has no legal basis, in other words the party does not believe that what they did warrants a court case, they would file a motion to dismiss so as not to waste resources fighting something they see as frivolous.
In this case, NuProducts is essentially filing a motion to dismiss when they say that they did nothing wrong according to the law. They would prefer if the courts simply dismissed the case so that they would not incur costs to fight the case.
Answer:
$76,134.84
Explanation:
Data provided in the given question
Future value = $105,000
Fixed interest rate = 4.1%
Number of years = 8
The calculation of present value is given below:-
= Future value ÷ (1 + rate of return)^number of years
= $105,000 ÷ (1 + 4.1%)^8
= $105,000 ÷ 1.379132002
= $76,134.84
Therefore, we simply applied the present value formula.
