A child who is married cannot be subject to the kiddie tax
a. True
b. False
Indicate whether the statement is true or false
False
RATIONALE: If he or she does not file a joint return, the child is not exempt from the kiddie tax.
You might also like to view...
Dr. Jonathon realizes that his patient is suffering from a highly contagious disease that is likely to pose a threat to the entire city. However, he is uncertain about sharing this information with city officials to protect his patient's privacy. In this scenario, which of the following ethical dilemmas does the doctor most likely face?
A. justice versus mercy B. individual versus community C. short-term versus long-term D. truth versus loyalty
Caraco Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product. Production volume 7,000units 8,000unitsDirect materials$87.40per unit$87.40per unitDirect labor$20.20per unit$20.20per unitManufacturing overhead$101.50per unit$90.80per unit The best estimate of the total cost to manufacture 7,300 units is closest to:
A. $1,526,430 B. $1,487,375 C. $1,448,320 D. $1,500,750
A trust is a form of property ownership that separated the legal and beneficial ownership of property
a. True b. False Indicate whether the statement is true or false
In Lee v. R&K Marine, where a boat that Lee bought became unusable after only three years when it fell apart, and the seller had expressly disclaimed all warranties, the court held:
a. Lee had no case because all the warranties on the boat expired after 2 years b. Lee had no case because boats are one of the types of goods not covered by warranties c. Lee had a case because the defective boat endangered his life d. Lee had a case because the retailer's disclaimer did not meet all the UCC requirements e. none of the other choices are correct