Answer:
utmost good faith
Explanation:
The utmost good faith refers to the principle in which both the parties are acted honestly i.e it disclosed all the information related to the insurance and does not misguide anything to gain a benefit in term of profit
Therefore in the given case, there is a contract made between the two parties where they trust each other and hope that they treated each one in a honest manner
So this situation represent the utmost good faith
Answer:
$6,000
Explanation:
Since this sale and the exercise of the options didn't occur in the same year, we must make an adjustment for AMT.
In calculating alternative minimum taxable income (AMT), a taxpayer must add or subtract amounts from regular taxable income due to the different treatment of certain tax items for AMT.
In the year 2019:
market price of the stock = $250
Liza acquired it at = $190,
Therefore,
Gain = (Acquired price - market price of the stock) × no. of shares
= ($250 - $190) × 100
= $60 × 100 shares
= $6,000
Liza needs to report this as income under AMT adjustments in 2019. This will be reported in for 6,251.
Answer:
D. $428,724
Explanation:
The formula for present value of a lump sum will be:
Nomial x 1/capitalization factor = Present Value
We plug our given data and solve for capitalization factor
200,000 x 1/capitalization factor = 93,300
200,000/ 93,300 = capitalization factor = 2,1436227224
Now, we are able to calculate the future value
<u>the future value will be:</u>
principal x capitalization factor = future value
200,000 x 2,1436227224 = 428,724.54448
'If the economy has just experienced a severe recession, Doves fed policymaker would be more focused on a quick recovery.
Politicians conduct politics based mainly on advice from public officials. Officials then implement the policy, whether or not they personally consent to it. Officials are critical to impact planning, as advice to ministers is critical in formulating policy proposals.
Most employers require a college degree, such as a Bachelor of Science degree, to qualify as a policy analyst. master's degree, law degree, or Ph.D. You can pursue a Master of Public Administration, a Master of Public Policy, or a Master of Public Relations.
Finally, while policymakers are responsible for making decisions, they are also responsible for communicating with experts and the public. How individuals respond to advice and the actions they choose to take is just as important as the actions of governments.
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Several things can hurt your credit, but a negative credit history is most often caused by severe delinquent accounts like late payments, debt collections, charge-offs, repossession, foreclosure, judgments, tax liens, or bankruptcy on your credit report. These all come from missing payments on your accounts.