Answer: b. Compensatory damages
Explanation:
Compensatory damages could be defined as money awarded to a party that brings a suit in civil law against a defendant; accusers for damages, or loss incurred. They are awarded in civil court. The aim of this is to help the plaintiff recover from their losses which was caused by the accused. For the accident that occured, Metro is most likely to be awarded a compensatory damages since they were hit by Logistics Trucking Company vehicle, the Metro would use the money received to fix their vehicle.
Answer:
Yes
Explanation:
In this specific scenario yes, Kim does have to include the payment in gross income. This is because USA paid Kim a specific set amount for her services (leasing the building), this means that the 30,000 that Kim received are her earnings for providing such service and therefore must be included in the gross income. The only things that are exempt from this are state and municipal bonds interest anything else must be recorded/included
Maybe if your new job is extremely boring or affects you in some way. But you shouldn’t feel bad since money can get you through rent and taxes and so on
Answer:
Yes
Explanation:
Yes, this concept is an example of supply and demand. When there is a limited supply of a product like the soft drinks in the vending machines then the price would match the number of people that want to buy the product. If in a very hot day more people want to buy a soft drink to cool down then the supply will begin to decrease as more people buy, this will create an increase in price as people would be ok with paying more money in order to be one of the lucky few to get one of the few soft drinks that are left.
