Answer:
$15,000
Explanation:
Calculation to determine How much of the casualty loss will be a tax deduction to Zeta, Inc.
Using this formula
Casualty loss tax deduction=Casualty loss-Insurance recovered
Let plug in the formula
Casualty loss tax deduction=$45,000-$30,000
Casualty loss tax deduction=$15,000
Therefore the amount of the casualty loss that will be a tax deduction to Zeta, Inc. is $15,000
Answer:
A negative shock to oil prices will mean that now production becomes cheaper. This will cause the aggregate supply curve to shift rightwards and cause prices to fall and the output level to increase. The fall in prices will be short term however as over time the prices will adjust upwards to the point A which is the original market price.
Answer:
<em>The Pension Benefit Guaranty Corporation (PBGC) </em>
Explanation:
<em>The Pension Benefit Guaranty Corporation (PBGC) </em>gives a protection backup to members in private-sectors defined-benefit plans by protecting the members' benefits under the arrangement.
It was built to give members in plans secured by the PBGC ensured "fundamental" benefits in case their manager-supported plans become wiped out.
<u>Accession</u> is the right of an owner of property such as plants or animals to increase in the property. the owner of a cow, for example, owns the calves born to the cow.
Accession refers to the ownership of a property or any other thing, whether it be real or personal, movable or immovable. It carries with it the right to all that the thing produces, and to all that becomes united to it, either naturally or artificially. This this is called the right of accession. This right is given to an owner of a particular thing which is valuable.
Accession is the right of an owner of property over his particular valuable thing. This right is only given to that owner. For instance, the owner of a cow owns the calves born to the cow.
Hence, accession is important for every individual holding their valuables.
To learn more about ownership here:
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