Answer:
b. a close corporation.
Explanation:
A closed corporation is a corporation in which the shares of the company aren't publicly traded. Shares are held by few people, they are usually family members or mangers of the business. A closed corporation is taxed like a typical corporation and has limited liabilities.
A s corporation is a type of corporation where shares are held by few people. S corporations are taxed like a partnership- they are taxed once.
A non profit corporation is set up for purposes other than to make profit.
I hope my answer helps you
The three items that are included in the substantiation requirements are:
- Date Placed in Service
- The total mileage; and
- Vehicle Type.
<h3>What is IRS guidelines?</h3>
Internal Revenue Service Guidelines are guidelines that individuals and corporates must follow in order to be compliant with the requirements of the IRS.
Thus, it is correct to indicate that according to the IRS Guidelines, the three items that are included in the substantiation requirements are:
- Date Placed in Service
- The total mileage; and
- Vehicle Type.
Learn more about substantiation requirements at:
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Answer:
1. b. $3,400 in a mutual fund, $3,300 in bonds, and $3,300 in a land purchase
This is the most diversified because it involves equal or almost equal amounts put into separate instruments which means that a loss will be less likely to affect this portfolio because a loss affecting one instrument might not affect the rest
2. a. $10,000 in a mutual fund
This is the second most classified because Mutual funds invest in a variety of instruments so investing in Mutual funds is akin to investing in a variety of instruments.
3. c. $5,000 in one stock and $5,000 in another stock
This is the third most diversified because even though it involves investing in separate stocks, stock still generally move together in terms of performance so if one stock suffers a loss, there is a high chance the other will too.
4. d. $10,000 in one stock
This is not diversified at all because all the funds are on one instrument.
Consumers judge the benefits the product delivers against the ______________ necessary to obtain it
The answer is sacrifice.
Because it demonstrates that you are in contact with people of higher-economical stature.
