Which of the following expenses or losses could create a net operating loss for an individual taxpayer?
A) large losses on sales of investment assets
B) an operating loss from a sole proprietorship
C) large charitable contributions
D) all of the above
B) an operating loss from a sole proprietorship
Generally only business losses will allow the creation of an NOL.
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Which term best applies to the theory of overlapping demands?
a. manufactured goods b. human services c. primary products d. agricultural goods
A defendant who believes that he or she has been injured by the plaintiff can file a(n) ________ against the plaintiff.
A. writ of habeas corpus B. interpleader C. cross-complaint D. writ of certiorari
Which of the following statements about Asian American buying patterns is most accurate?
A. Because McDonald's standardizes its products across all cultures, it does not actively market to Asian Americans. B. There is no real diversity among Asian American subcultures. C. The Asian American subculture is the most entrepreneurial in the United States. D. Assimilated Asian Americans exhibit buying patterns that are very different from the typical American consumer. E. Consumer research on Asian Americans suggests individuals and families divide into three groups - assimilated, non-assimilated, and recent immigrants.
The five steps of the creative process are:
A) Preparation, incubation, illumination, verification, and implementation B) Verification, incubation, concentration, idealization, and preparation C) Incubation, discussion, illumination, verification, and implementation D) Preparation, concentration, incubation, illumination, and verification