Casey and Helen both give and receive gifts that can be taxed, so according to their common-law state, they would have to find out which of the gifts are taxable.
<h3>What is Gift Tax?</h3>
This refers to the federal tax which is levied on a taxpayer who makes a gift of either money or property to someone and is between 18-40%.
Hence, it can be noted that gift taxes are made on any valuable property which is given to another person, regardless of whether the person considers it as a gift.
Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.
Read more about gift tax here:
brainly.com/question/876942
Answer:
Three part test.
The outcome: if the three requirements are not met, then there is not point the Government should interfere.
At the end, the law will be held.
Explanation:
In some cases, the courts are allowed to protect individual, company or business organization from Government interrupting with these individuals or business organization "fundamental right" and this is the "substantive due process rights " of insurance companies as mentioned in the question above.
The test that the United State Supreme Court can use to determine whether the regulations they want to enact would violate the substantive due process rights of insurance companies is what is known as the THREE PARR TEST.
THE THREE PART TEST has its root from cases such as that of Pasgraf V Long Island Railroad co. The three part test involves three main subjects and they are;
=> foreseeability: are the policies in which insurance companies work going to affect the consumers in the future?
=> proximity: what kind of relationship do the insurance companies have with there consumers?
=> fairness: are these policies just and fair?
CONCLUSION: if the three requirements are not met, then there is not point the Government should interfere.
Answer:
The right answer is option (A).
Explanation:
According to the scenario, given data is :
Time required for one unit = 12 Min
Payment for job = $12.75 / Hour
So, payment for job per minute = $12.75 / 60 = $0.2125 / minute
Hence, Rate per piece = rate/minute × time required for one unit
= $0.2125 × 12
= $2.55
Hence the most appropriate answer is option (A).
IT IS LETTER C BECAUSE THE OTHER ONES HAVE NOTHING TO DO
A shortage occurs when demand exceeds supply – in other words, when the price is too low. However, shortages tend to drive up the price, because consumers compete to purchase the product. As a result, businesses may hold back supply to stimulate demand.
