Answer:
c. a resort condominium project in which owners enter their units in a common rental pool to enhance their income
Explanation:
As provided, the company here aggregates funds to acquire property and then earn rental income. The company can be a combination of many individuals or firms or any other form. But since it is earning an assured income in the form of rentals, it can be categorized as security.
Accordingly if it is a security, the security laws will be applicable on them.
Option a and b do not provide so, as they do not form a security, as in case a there is no definite income attached. In case b there are losses also attached, as it is for residential and retail in the same volume, making it loose its commercial substance.
➡️ If you choose to take the foreign tax credit, and the taxes paid or accrued✔️
➡️Use the rate of exchange in effect on the date you paid the foreign taxes to the ✔️
➡️For this purpose, withholding tax includes any tax determined on a gross basis.✔️
➡️Need to know how to qualify for Foreign Tax Credit and avoid double taxation✔️
➡️high tax foreign countries, it may be preferable to use the Foreign Tax Credit alone.✔️
➡️ and excess profits taxes paid or accrued during your tax year to any foreign ✔️
The correct statement is that the Native Americans used to exchange furs for manufactured goods. Such practice of goods in exchange for goods is known as barter system. So, the correct option is C.
Barter system is one of the oldest form of trade and exchange system that has been in existence even before the invention of currency for the purpose of exchange.
<h3>Barter System</h3>
- The barter system refers to as a system under which goods and commodities are traded for the exchange of excess goods and commodities.
- The barter system has its own discrepancies and faults as there was no specific medium of exchange and this necessity led to the invention of currency notes and coins.
- The Native Americans were mostly Indians and carried hunting of animals and hence the furs obtained from animals was in excess with them and as a result, it was exchanged for finished goods.
Hence, the correct option is C that the Native Americans used furs for the exchange of manufactured goods during the days of barter exchange system.
Learn more about barter system here:
brainly.com/question/1888121
Monthly payment because she pays it every 30 days
Answer:
Between quarter 7 and 8
Explanation:
To calculate the recession lets consider the quarter 7 and 8.
GDP in quarter 7 =$4499 Billion
GDP in quarter 8 =$4409 Billion
Growth rate of GDP in these two quarters= 4409-4499/4499*100
= -2 percent
Recession happens when the GDP decreases
