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aniked [119]
3 years ago
5

Jim has a full-time job and occasionally designs Web sites for individuals and businesses. At the end of the year, Jim files his

taxes and reports his earnings from his full-time job and his Web design contracts. Was Jim right in reporting both incomes? Why or why not?
A)Yes, because the government requires individuals to report income earned from an employer and other sources.

B)No, because the income from the Web design contracts is not considered earned income.

C)No, because the income from his full-time job is not considered earned income.

D)Yes, because the government requires individuals to report only income from a full-time job.
Business
1 answer:
andre [41]3 years ago
6 0

A) Yes, because the government requires individuals to report income earned from an employer and other sources.

His side gig was the equivalent of self contracting. He would definitely have to report of he made over $400.
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WINSTONCH [101]

Answer:

The court ruled against both Americar and Regency Inn, and then Regency Inn won its case against Americar. The nuisance case itself is pretty unpleasant, so it's not worth referring to it.

The fundamentals for the ruling against Americar were that they themselves had drafted the lease agreement and that the clause included in the lease agreement by which they agreed to indemnify Regency Inn was valid. The original lease term had already expired, but Americar continued to lease the offices on a monthly basis. Since they never left the place, the clauses in the original agreement were still valid even though the lease changed to a monthly basis. I.e. if you sign a lease contract and after the original contract is over, you continue to lease the same place, then the clauses from the original contract still apply.

The clause stated that Americar was liable for damages that took place on the leased premises or in their proximity, i.e. the area near their offices. The parking lot was considered to be in the proximity of Americar's offices.

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3 years ago
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Madison Davidson negotiated for a $30,000 loan with $200 monthly payments, plus 9 percent interest. In this case, what is the mo
Julli [10]

Answer:

$225

Explanation:

Remember, the interest rates of a loan are spread out equally each month.

Therefore, we calculated the value of the total interest in dollars for a year:

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How does economic efficiency relate to the gains of consumers and producers? a. It a market economy, when the demand for a good
Lelechka [254]

Answer: Option (D) is correct.

Explanation:

The economic efficiency is achieved at a point where demand curve and supply curve intersects each other. This point is known as market equilibrium. The area under the demand curve and above the equilibrium price level is known as consumer surplus.

The area above the supply curve and under the equilibrium price level is known as producer surplus.

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