Answer:
B) Normal conditions are rarely encountered."
Explanation:
The most likely response from his neighbor was probably, "good luck with all that, i remember reading somewhere that Normal conditions are rarely encountered." This would be the most likely response because his neighbor is described as being jealous and skeptical. Therefore his response will most likely have a tone of hope that something happens so that the installation can't happen, such as bad weather.
Answer:
December 31, year 9
Explanation:
Here, we want to state that date that is possible for Milo to acquire qualified replacement property.
In order to avoid being taxed on a gain resulting from an involuntary conversion, the property subject to the conversion must be replaced within a specified time, measured from the end of the calendar year in which the proceeds are received.
Generally, the period is 2 years, but it is 3 years when the involuntary conversion results from government condemnation or eminent domain and is extended to 4 years when the loss is in connection with a declared federal disaster area.
We are told from the question that Milo received the recovery on January 2, Year 5, the property would have to be replaced within 4 years from the end of Year 5 or by December 31, Year 9
Limited financial liability. It is one of the advantages because the strain of effort and time would be not part of the investment and if the it is successful you're earning even though you're not doing anything. You're only role is able to provide money or resources to the venture.
Answer:
A. The proposed new project would have more stand-alone risk than the firm's typical project.
Explanation:
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Explanation:
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