A time limit on a lien means that the lien holder must foreclose or the lien expires
Indicate whether the statement is true or false
True
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Competitive markets are economic battlefields. True or false? Explain.
What will be an ideal response?
Sam owns his own business. He has several different types of insurance policies to cover
various risks to his business. The policies have various coverage limits. Sam is considering purchasing a policy that would add coverage in excess of all these individual policies up to $1 million. The type of policy that Sam is interested in adding is: A) Group. B) Fidelity. C) Double indemnity. D) Comprehensive. E) Umbrella.
Which of the following is not required for an expenditure to be deductible as a business or investment expense?
A. ordinary and necessary B. recurring in nature C. reasonable in amount D. incurred by the taxpayer
May the National Labor Relations Board obtain injunctive relief against unions in light of the Federal Anti-Injunction Act?