The president may kill a bill by veto, but the legislature may resuscitate the bill by overriding the presidential veto by a 2/3 vote

Indicate whether the statement is true or false


T

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Natalie, age 17, rented a power washer and while using the machine, she negligently damaged it beyond repair. Under the majority view, the rental company can successfully sue Natalie for damages on a tort theory of negligence since it is well settled that minors are liable for their torts

a. True b. False Indicate whether the statement is true or false

Business

SSE can never be

a. larger than SST. b. smaller than SST. c. equal to one. d. equal to zero.

Business

Only one spouse must sign a jointly filed Form 1040.

Answer the following statement true (T) or false (F)

Business

Answer the following statements true (T) or false (F)

1. If the majority of the partners do not have the same tax year, the partnership must use the tax year of its principal partners. 2. All C corporations can elect a tax year other than a calendar year. 3. An improper election to use a fiscal year automatically places the taxpayer on the calendar year. 4. If Jett Corporation receives a charter in 2016 but does not begin operations and file its first tax return until 2018, Jett may elect a fiscal year on the 2018 return.

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