a small piece of ownership in a company - stock
a company’s initial offering of stock - IPO
a portfolio of stocks and bonds - mutual funds
a public stock exchange - NASDAQ
Everyone might not be with you. People might be angry that if you go big you might take over there popularity. As an entrepreneur they needs lots of support and everyone might not be willing to give that support, entrepreneurs always going to have people against them. As an entrepreneur it’s takes lots of time so if you are willing to be one be PATIENT.!
Answer:
It appears on the surface that Simon must give the stock to Fred and let Fred sell it, because Fred is in the higher tax bracket (i.e., 22% compared to Simons 12%). But for gift property, the basis of loss to the donee is the lower of (1) the adjusted basis of the donor, or (2) the amount of fair market value (FMV) on the date of the gift. Thus as Fred cannot take benefit of the loss, Simon must sell the stock, deduct the realized loss, and sales proceeds should be given to Fred.
When Simon sells the stock and handover the sale proceeds to Fred, in that case the capital gain received from the stock's sale will be taxed on Simon as per his tax bracket. The transfer of sale proceeds to Fred will not have any impact on tax.
Answer:
B. An employer hiring someone to handle financial information
C. An apartment owner gauging whether a tenant might break the rules
D. An apartment owner determining whether to rent a unit to someone
Explanation:
Credit scores are numbers ranging from 300 to 850 that are used to gauge the creditworthiness of individuals. Creditors check the credit history of borrowers to determine how well they have performed over time in prompt payment of debts and maintenance of good financial history. The higher the credit score, the better chances an individual has of being considered for financial favors. In the above scenario,
1. The employer who wants to hire someone to handle financial information would likely want to check if he has a good financial history himself. It would be an indication of his integrity capacity.
2. An apartment owner would use the credit score to gauge the potential tenant's history of keeping to agreements.
3. A potential tenant with a bad and low credit score would likely not keep up with rent payments and would eventually be a bad tenant. So, the apartment owner might then chose not to rent his apartment to such a person.
