Answer:
$250,000 and $500,000
Explanation:
According to the tax laws there is annual limit on Loss deductions relating the amount of business loss that can be deducted in a year.
The law states that single or individual tax payers can deduct nothing more than $250,000 while married taxpayers who are filing jointly can deduct up to $500,000 per year of their business losses.
Therefore, if Jahlil is single the amount of partnership loss he can deduct is $250,000 but if he is married filing jointly, he can deduct $500,000
A contract clause which specifies the amount of damages to be paid in the event of a breach is called C. a liquidated damages clause.
A contract clause is a specific section that is added into a clause and addresses specific subject matters or topics. These clauses are normally added to make sure each section understands and performs their duties.
The concept of equal value is based on the assumption that women should be paid equally to men for work that is equally challenging, involves comparable tasks.
<h3>What are examples responsibilities?</h3>
The obligation to complete a task is one example of a responsibility. It's indeed your job to clean your teeth every day since it is "a responsibility" to do so. One illustration is that your teacher anticipates you to complete your homework promptly and to the best of your ability.
<h3>What is your personal responsibility?</h3>
Personal responsibility is the readiness to put up significant personal effort to live up to the standards that society sets for individual behavior as well as the importance of such norms.
To know more about responsibilities visit:
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I am pretty sure it is sales budget