Answer:
The right answer is $50,000
Explanation:
Simply put, adjusted basis is the cost of an object after factors that affects the cost has being considered. These factors usually include taxes, depreciation value and any other cost incurred in getting and retaining the said object. Adjusted basis is important so as to know the right amount to sell.
Adjusted basis increases when an individual factors the cost incurred from taxes and maintenance ad it reduces when he/she factors in depreciation.
In the case of Koch, he already exchanged his machine for another at $50,000, as far as he is concerned at that moment, the adjusted basis is $50,000 because it was exchanged in a fair market.
The requirement of Kameron, Candice, and Leo should be for pledging the personal assets in order to give the guarantee for the payment obligations with respect to the PU.
The information related to the pledged asset is as follows:
- A pledged asset is a valuable possession that could be transferred to the lender in order to secure the debt or a loan.
- The pledged asset should be considered as collateral that could be held by a lender and in return, it is for lending the funds.
- Also, it can decrease the down payment that should be needed for the loan along with this if there is any change in the interest rate so the same should be decreased.
Therefore we can conclude that, the requirement done by these three people is needed for pledging the personal assets in order to give the guarantee for the payment obligations with respect to the PU.
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Answer:
What experience do you have in this field of work?
Why do you think you're a good fit for this company/job position?
Explanation:
Answer:
B. Class tensions will lead to the end of market economies.
Explanation:
According to the Marxists theory, the tension between the capitalist and the working class gives birth to the class conflict in the society. It is tension that is created as the result of the exploitation and conflict between the two. This conflict further would initiate a revolution among the working class that would turn the capitalist class upside down. The exploitation faced by the working class by the capitalists is the major force that would turn them to be rebellious.
