Answer:
40%9:14pm
Which of the following is correct?
Merry buys stocks for $3,000 and sells them
a year and a half later for $7,000.
Merry has to pay short-term capital
gains taxes on $3,000.
Merry has to pay long-term capital
gains taxes on $4,000.
Merry has to pay long-term capital
gains taxes on $7,000.
CLOSE
Answer:
Yes <em>and</em> no.
Patrick <em>would</em> be liable for negligence in <em>allowing</em> the hail damage, as he <em>failed</em> to fulfill his duty of taking reasonable care of the vehicle.
However, he would<em> not</em> be responsible for the hot oil and gravel nicks.