Answer:
<u> An unreasonable noncompete clause</u>
Explanation:
A noncompete clause is any provision of a contract that ensures that one party will not compete directly with the other party by starting a similar business or profession that generates competition between them. In the question, there was an example of An unreasonable noncompete clause, which is any clause provided for in a contract that goes beyond the limitations determined to be legally binding, such as the time period and geographic area where an individual cannot to compete.
Answer:
C
Explanation:
Firstly, we consider if the expenses is limited or not limited within the framework of the section 179.
Considering the framework, it can be seen that the expenses of $500,000 is not limited under section 179
The maximum depreciation expenses can be calculated as follows;
(600,000-500,000) * 0.1429 = 14,290
We then add the expenses of section 179 = 500,000
The value of the maximum depreciation expenses is thus 500,000 + 14,290 = 514,290
Dialogue. Dialogue includes conversations between two or more characters.
Answer:
c. Materiality
Explanation:
The relevance of information is affected by its materiality. Information is material if omitting it or misstating it could influence decisions that users make on the basis of financial information about a specific reporting entity.
An error which is too trivial to affect a user’s understanding of financial statement is referred to as immaterial. There is no absolute measure of materiality that can be applied to all businesses. In other words there is no rule that says any item greater than 5% of profit must be material. Whether an item is material or not depends on its magnitude or its nature or both in the context of the specific circumstances of the business.
So based on the above discussion, the answer is c. Materiality