Answer:
If at the time of withdrawal the interest paid was $11,000, the beneficiary would be required to pay income tax on the same amount of $11,000.
Explanation:
The Interest Settlement Option is usually for people who don't need much money or the remedies which the Insurance Cover provides.
Sometimes they defer payment of the proceeds and collect interest on the same whilst they decide on what do do with the money.
When a beneficiary collects this sort of interest it is usually taxable.
Cheers!
Answer:
The constitution
Explanation:
Constitution is commonly known as the ultimate or supreme law of used in governing a particular land (Country).
The constitution ensure that there is Separation of Powers between the different branches of government to make sure that non enroach on the power of the other and importantly that no one person, branch or group becomes too powerful. It also has the Checks and Balances as it is the principle that state that the three branches of government which are legislative, Executive, and Judicial arms or branch of government should have some power each other that is the ability to check or limit the power of the other branches of government.
Answer: the veiw point is, Many Anti-Federalists preferred a weak central government because they equated a strong government with British tyranny. Others wanted to encourage democracy and feared a strong government that would be dominated by the wealthy. They felt that the states were giving up too much power to the new federal government.
Explanation:
Answer:
Explanation:
B. Current credit cards and loans.
C. Total amount of money owed.
D. Whether bills are paid on time.
E. How much money lenders will loan.
