Debra wanted to form a partnership with Lawrence. He agreed and they became co-owners in an equal partnership. This year, after expenses, the partnership had a profit of $200,000. How will the taxation of this profit be handled?
A) Since the partnership was Debra's idea, she will pay income tax on the profit on her personal tax return.
B) The business will pay half of the tax liability and Debra and Lawrence will pay the other half.
C) Debra and Lawrence must both pay tax on the business's profit.
D) The business itself will pay the taxes on the business's profit.
C
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Consider a coupon bond that pays $150 every year and repays its principal amount of $1,500 at the end of five years. If the annual rate of discount is 7 percent, the present value of the bond is approximately
A. $214.29. B. $808.39. C. $1,684.50. D. $1,742.52.
The triangle of meaning is comprised of which three components?
a. symbol, referent, inference b. word, meaning, inference c. word, symbol, thought d. symbol, thought, referent
Alan is a subject matter expert for First University, with an employment contract of three years. Two years into the contract, Second University—fully aware of Alan's contract—offers him twice the compensation for a similar post
Alan breaches his contract and takes up the offer. First University can recover damages from Second University for which of the following torts? A) malicious breach of contractual relations B) malicious inducement of contractual breach C) intentional interference with contractual relations D) breach of the covenant of good faith and fair dealing
According to Mintzberg, in a(n) ______, an organization has experts from different specialties formed into project teams, organic structure with little formalization, and coordination by mutual adjustment.
A. adhocracy B. strategic apex C. operating core D. technostructure