When a firm is unprofitable it generates a ________ that allows it to offset the losses that were incurred against future income

A) tax credit
B) itemized deductions
C) tax-loss carry-forward
D) a write-down


Answer: C

Business

You might also like to view...

Trust, justice, and reputation are all central to relationship negotiations and feed each other.

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

Business

Four-part assertion messages are part of a con?ict response message

Indicate whether this statement is true or false.

Business

The plaintiffs in the Williamson Oil Co v. Philip Morris USA case discussed in the text, alleged that tobacco companies had conspired to fix prices. How did the court rule?

a. The suit was dismissed because the plaintiffs could not establish any "plus factor" needed to proceed. b. The suit was allowed to proceed because no "plus factor" was needed. c. The suit was allowed to proceed because "plus factors" were established by plaintiffs. d. The suit was dismissed because the plaintiffs lacked standing.

Business

The Restatement (Third) of Torts refers to strict liability in tort as:

a. product injury law b. product quality assurance law c. product service law d. consumer protection law e. none of the other choices are correct

Business