Shane, a self-employed junior partner in a law firm, makes the following gifts with their values noted: Managing partner in Shane's firm $30 Shane's personal assistant 404 clients ($27 each)108 What amount of the gifts is deductible?
A. $150
B. $125
C. $75
D. $178
Answer: B
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Trade theory suggests that the United States would gain from a subsidy provided by Japan to its calculator producers if the gains to American consumers of calculators more than offset the losses to American calculator producers. This occurs as long as the United States
a. is a net importer of calculators. b. is a net exporter of calculators. c. has an absolute advantage in calculator production. d. has a comparative advantage in calculator production.
Top-down budgeting is a more participatory procedure than bottom-up budgeting
Indicate whether the statement is true or false
Motives can be used to segment markets.
Answer the following statement true (T) or false (F)
Modern definitions of contracts center on:
a. lex mercatoria b. commercial rules c. evidence of seals d. duties imposed by the International Convention on Contracts e. none of the other choices