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MArishka [77]
3 years ago
8

If an amount is shown in box 7 of form 1099-C this always means?

Law
1 answer:
dolphi86 [110]3 years ago
8 0

Answer: Fair market value of

Explanation: Box 7: Fair market value of property. If a foreclosure or abandonment of property occurred during the same year—and in connection with the canceled debt—box 7 shows the fair market value, or you will receive a separate 1099-A form.

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Consensus theory of law argues that the criminal justice system should work cooperatively to produce justice, as opposed to competitively. In this system, majority of citizens in a society share the same values and beliefs.

Unlike the conflict perspective, it does not suggest that the crime definitions to be controlled by those with wealth, power, and social position in society.

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