A. educational certificate because if you are still in high school that's all you have and if you are an adult they need to know if you are graduated have your GED or graduated from college
"B. Capital A capital asset is defined to include property of any kind held by an assessee, whether connected with their business or profession or not connected with their business or profession. It includes all kinds of property, movable or immovable, tangible or intangible, fixed or circulating."
Answer:
It is True. the option (a) is correct
Explanation:
Solution
Given that:
The statue of fraud can be refereed to as the requirements for specific kind of contract that should be in writing and signed by the parties involved with sufficient evidence. the main idea is to stop fraud and other types of injury.
The vital aspect of statute of frauds include the following:
- It applies to particular types of contract and they are six classification It include contracts for an interest for the sale of land, contracts that need to be performed in more than a year, contracts about someone else's debt presumed by other, contract in which marriage is a deliberation, contracts for good sold value more than $500 and promises by executors or administrators.
- The motive of the contract is that it formalize the concurrence between the parties so that it can be thought seriously.
- The statute of frauds avert fraudulent conduct of one party to another.
Answer:
Rent-seeking is the effort to increase one's share of existing wealth without creating new wealth. Rent-seeking results in reduced economic efficiency through misallocation of resources, reduced wealth-creation, lost government revenue, heightened income inequality, and potential natoinal decline
Explanation:
Rent-seeking is the effort to increase one's share of existing wealth without creating new wealth. Rent-seeking results in reduced economic efficiency through misallocation of resources, reduced wealth-creation, lost government revenue, heightened income inequality, and potential national decline
Answer:
Break-even point= 15,000/ (5 - 3)= 7,500 units
Explanation:
Giving the following information:
Each unit of output can be sold for $5, variable costs are constant at $3 per unit, and if the fixed costs are $15,000.
We need to use the following formula:
Break-even point= fixed costs/ contribution margin
Break-even point= 15,000/ (5 - 3)= 7,500 units
