An unconscionable contract is one that is so unfair and one sided that it would be unreasonable to enforce it.
Answer the following statement true (T) or false (F)
True
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Grantly Seafood is a calendar year taxpayer. In 2019, a hurricane destroyed three of Grantly's fishing boats with a $784,500 aggregate adjusted tax basis. On October 12, 2019, Grantly received a $1 million reimbursement from its insurance company. On May 19, 2020, Grantly purchased a new fishing boat for $750,000. Compute Grantly's recognized gain or loss on the involuntary conversion and its tax basis in the new boat.
A. $215,500 recognized gain; $750,000 basis in the boat B. $250,000 recognized gain; $784,500 basis in the boat C. $250,000 recognized gain; $750,000 basis in the boat D. None of the above
________ is research a single firm conducts to provide answers to specific questions
A) Syndicated research B) Custom research C) Consumer data D) Perceptual tracking E) Internal data
Negotiators can become so focused on reaching an agreement they lose sight of the real goal, which is to
A. achieve a valued outcome. B. win. C. create value. D. claim value.
Duran went to the same college as his manager. The two often speak of the college’s sports and traditions together. Although Duran is a below average performer, his manager gives him an average rating on his performance appraisals. It is likely his manager is making a(n) ______ error.
A. contrast B. attribution C. similarity D. recency