The statute of frauds does not apply to agreements in which one person assumes primary responsibility for the payment of a debt
Indicate whether the statement is true or false
T
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Which of the following is NOT part of the front matter?
A) title page B) introduction C) table of contents D) abstract/executive summary E) list of illustrations
A business plan that provides information to potential licensees is referred to as a(n) ________ plan.
A. screening B. concept C. invention D. operational
_______ refers to the ability to consider, within reasonable limits, multiple perspectives and inputs in a balanced manner.
a. self-awareness b. unbiased processing c. behaviors motivated by personal convictions d. transparency
In February 2018, the storage building used in Amelia's business is damaged by a windstorm. It had an adjusted basis of $150,000 at that time. Due to changing insurance companies, the building had been appraised recently, with a resulting FMV of $200,000. After the storm, the building appraised at $120,000. Amelia has received no insurance reimbursement by December 31, but expects to recover 90 percent of the loss. In the subsequent year, the insurance company pays Amelia $50,000. Amelia's AGI is $85,000 in 2018, and her 2019 AGI is $80,000. Amelia suffers no other casualty losses in either year. Amelia may deduct
A. $30,000 loss in 2018 and $0 in 2019. B. $8,000 loss in 2018 and $22,000 loss in 2019. C. $0 loss in 2018 and $30,000 loss in 2019. D. $80,000 loss in 2018 and $50,000 gain in 2019.