__________ is available to a third person to whom a representation is made and who justifiably relies on the representation
a. Delectus personae
b. Respondeat superior
c. Culpable negligence
d. Partnership by estoppel
d
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A property that has been rented for 120 days and used for personal use for 13 days should be categorized as:
A. Primarily rental B. Personal/rental C. Primarily personal D. None of these
One method of estimating the dividend growth rate is to calculate the discount rate that equates today's dividend with the dividend paid several years ago
Indicate whether the statement is true or false.
In a functional organization workers can learn readily from others in their discipline and keep their skills sharp
Indicate whether the statement is true or false
All of the following statements are true except
A) investment interest expense is deductible to the extent of a taxpayer's net investment income. B) short-term capital gains meet the definition of net investment income. C) investment interest expense includes interest expense to purchase or carry tax-exempt securities. D) net investment income is the taxpayer's investment income in excess of investment expenses.