The most important question you should have after seeing this ad about a check cashing business is"
- Why Choose ACE to Cash Your Check?
- No credit check necessary?
- Can I get a written copy of all of the fees that you charge for your services?
<h3>Is a check cashing business considered a financial institution?</h3>
A money service business is one that is seen as a kind of a financial institution that is known to be involved with one or a lot of of the following entities such as:
- Check casher
- Foreign currency dealer, etc.
So, the most important question you should have after seeing this ad about a check cashing business is"
- Why Choose ACE to Cash Your Check?
- No credit check necessary?
- Can I get a written copy of all of the fees that you charge for your services?
Learn more about check cashing business from
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Answer:
A) On the 32,000 sale it will be considered a 18,000 gift to the buyer.
Because is above the 15,000 gift per person per year, it will trigger the gift tax.
B) 70,000 will generate a long-term capital gain of 20,000
C) gift of 5,000 it will not trigger the gift tax.
Explanation:
When the sale is below market value, it is treated as a gift to the buyer.
The capital gain or losses are considered using the adjusted basis.
Because Holly acquiredthe land for more than a year, it will be cosnidered a long-term capital gain if any.
Answer:
The evaluation criteria used in economic analysis is:
d. Financial units (dollars or other currency)
Explanation:
The evaluation criteria for economic analysis is usually based on financial units, which are national currencies. They represent the monetary values of the elements of any economic analysis. For instance, to ascertain the profitability or otherwise of a transaction, the sales value is compared to the costs. The excess of the sales value over the costs is regarded as the profit. The reverse is regarded as the loss. The evaluation criteria for these two economic analysis is based on the financial units of sales and costs expressed as national currencies.
Answer:
Generational Cohort
Explanation:
Generational Cohort is the theory, that suggest or states that the several or multiple generations were distinguished grounded on the particular time periods into which the people or an individual were born and the time periods they grew up.
In short, it is defined as the groups of people who were born during a particular time or at the same time. So, the digital natives who grew up in the environment which is technology enriched are known as the generational cohorts.
