Discuss the differences and similarities between regular and memorandum decisions issued by the U.S. Tax Court.
What will be an ideal response?
Differences:
1) Regular decisions involve an issue decided for the first time. A memorandum decision frequently involves a variation in the facts for an issue where the law has been previously decided.
2) The IRS's acquiescence policy extends to regular decisions but not to memorandum decisions.
3) Regular decisions are published by the U.S. Government Printing Office in the Tax Court of the United States Reports, while memorandum decisions are published by private companies.
Similarity:
1) Regular and memorandum decisions have the same precedential value.
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In the context of the department store patronage project, analyzing store charge card slips to examine customer store credit usage behaviors is an example of ________
A) mechanical observation B) personal observation C) content analysis D) trace analysis
State why sales forecasts are important and Identify the sales forecasting methods outlined in the text.
What will be an ideal response?
Participants in a training program at Lako Systems are examining the many variables at play in a situation. They are analyzing and synthesizing facts to better understand how decisions were made and thereby improve their own decision-making skills. These trainees are case-study participants.
Answer the following statement true (T) or false (F)
Exclusive dealing contracts are binding because sufficient consideration is present
a. True b. False Indicate whether the statement is true or false