1.5 The following information is collected from students upon exiting the campus bookstore during the first week of classes:…
Partnerships are taxed under section 1.441-1 which describes all conditions and rules for partnerships in tax payment. Section 706 and 1.706-1 are also helpful in this case. The main issue for partnerships is the taxable year which basically is the year in which they pay their taxes. These sections describe the taxable year of partnerships and give guidelines in accordance to that. Under section 706, partnerships are directed to pay taxes in the year in which majority interest pays taxes. However, this is not applicable to all partnerships. There can be cases in which this is absent and in those cases it has been directed to pay taxes in the year when majority of the partners are paying tax (Freedley, 1883). These are called principal partners. But in cases where principal partners and majority interest are absent then the partnership can pay tax in the year they get the minimum aggregate amount of their deferred income.…
The government could have placed tighter constraints on the credit market; the government agencies charged with managing banking policies and procedures could’ve formulated a policy that would require that banks were only able to hedge a certain amount of liability as long as they had enough capital to cover double the amount of the liability. The government could also have placed more stringent regulations on banks and related financial institutions to provide proof that the potential buyers of homes could fiscally make the required home/mortgage payments in lieu of the poor economy. This could have been accomplished by verifying their credit score, annual salary, and reviewing 6-12 months of the potential homeowner’s financial statements to ensure their candidacy and responsibility. Another regulation that could have averted the 2008 credit disaster would be requiring all potential home buyers to take a financial course that included content covering how to read legal contracts” or something similar. Yes, this additional step would prolong the home buying process but in the long run it would potentially weed out the vast majority of homeowners that would likely default on their mortgages.…
| People are driving their cars like maniacs tonight. There must be a full moon.Answer…
This file PHI 445 Week 2 Discussion Questions has right solution to the following tasks: 1. What are the differences between Capitalist, Socialist, Fairness, and Libertarian notions of justice? What are the strongest and weakest parts of each theory? 2. Assess the promotional practices of the companies in terms of the moral standards that you think are appropriate for the sort of environment in which the companies are operating. Relate your assessment to the three theories of the manufacturer's duties discussed in the chapter. Are any of these three theories particularly appropriate or inappropriate for the Third World context within which the infant formula companies operate? Evaluate the advertisements used by the companies. Do companies have a duty to ensure that consumers do not misuse their products? Do the duties of the manufacturer end at the point of sale?…
Unintentional discrimination occurs when a company’s policies uncritically reflect prejudicial stereotypes yet do not involve overt racial prejudices of its managers or executives. Does legislation to verify voter identification fall under the domain of unintentional or intentional discrimination? Explain your views.…
When the premises are true and the syllogism is valid, we have a(n) _______ argument.…
This document PHL 458 Week 2 Discussion Questions 3 has solutions of the following question: "How do you measure or analyze multiple creative solutions to your own problems? "…
Salvation is a dynamic quality of life, not just a passive point. Who is the founder of Arminianism How do Arminians redefine the original sin?…
1. In the paternalistic model of doctor-patient relationship, power resident exclusively with Doctors; in the engineering model, it resides entirely with Patients.…
Many papers have been writing on the subject of exploitation of the poor by multinationals and there is no easy answer or solution to satisfy both sides; economists and ethicists are continuously debating on the back of the increasing expectations from the consumer population for firms, to behave socially and environmentally responsibly.…
In your opinion, what is the best way to reduce child labor for multinational corporations? How is the phenomenon of child labor viewed from your ethical perspective? Given the ethical perspective of a particular group to which you currently belong, or previously belonged, how would child labor be viewed?…
In this pack of SOC 312 Week 3 Discussion 2 Equal Opportunity you will find the next information:…
The decision to public school or home school continues to be a very controversial topic. Parents want what’s best for their children. Whether one decides to send their child to public school or home school, it’s a decision that must be made with a lot of careful consideration. In the world we live in today a lot of parent’s feel as if their children are not getting an adequate education, they worry about safety concerns, peer pressure, and religious values.…
When discussing the topic of teasing, there are a lot of things to consider in respect to when it is considered appropriate or inappropriate. So much of what is considered appropriate is usually between people who have a mutual understanding or a friendship. Most of the time teasing is used in good humor to make each other laugh, or to jab at someone in a friendly manner. When friends or people who are close tease one another, usually there are areas that are considered off limits or things that are considered bad taste to bring up.…