Assessment 1 of BLO2206 Taxation Law and Practice Topic:Distinguishing a hobby from a business‚ explaining how legislation and case laws determines whether an activity is a business or hobby. Further to make a comment on the impact of a determination by the ATO on whether a taxpayer’s activity is actually a business. Distinguishing a Business from a Hobby Activities are classified in terms of a business or a hobby and it is important that the two are separated. The difference depends
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PROBABILITY QUESTIONS Q1). You draw a card at random from a standard deck of 52 cards. Neither you nor anyone else looked at the card you picked. You keep it face down. Your friend then picks a card at random from a remaining 51 cards. a) What is the probability that your card is ace of spades? 1/52 b) What is the probability that your friend’s card is ace of spades? (Hint: Construct the sample space for what your friend’s card can be.) 1/51 c) You turn over your card and it is 10 of
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“Cynically but accurately put‚ Americans oppose public intervention or regulation if it helps others‚ but favor it if it helps them - take social security‚ disaster relief‚ public works projects‚ for example” (Meacham). There is much controversy over the issue of internet regulation by the government. Government regulation would allow the government to shut down website domains that either infringe upon intellectual property laws or endanger the United States national security. Internet regulation
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Microsoft’s journey towards Monopoly Summary The case evolves around the unethical monopolistic actions taken by Microsoft to achieve monopoly. Some major facts in the case are given below – • In 1980 IBM representative met bill gates for Operating System • Bill Gates bought Operating System from a friend in $60‚000 Microsoft licensed MS-DOS to IBM with condition that it could license it to others too •1981 IBM started mass production of and MS-DOS became standard Operating System for Personal
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Hazards around the machineries Contact with Moving Parts Contact with Electricity‚ Heat‚ Fire‚ Cold Contact with Pressurized Gas or Liquid Contact with Harmful Chemicals Contact with Harmful Noise‚ Radiation‚ Vibration Where can the potential hazards happen? I. At the controls: starting or stopping‚ set-up‚ adjusting. II. Where the machine cuts‚ turns‚ drills‚ shapes punches‚ or moves in any way: cleaning and III. Maintenance‚ trouble shooting and repair‚ adjusting‚ setting up. IV. At
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“Start playing my people‚” shouted Olivia with a strange noise at the end that was a combination of “mm” and “g”. I looked down at what I had just spent the last three hours creating and realized I wasn’t ready yet. There was still so much to build; Lily’s kitchen was not nearly completed. There was rules when playing. When starting everyone would have to say “start playing my people” ending it off with a combo of “mm” and ”g”. And if we wanted to stop in between the hours of playing we would all
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In our current society‚ there is a certain belief against children playing football. The belief is that there is no reason why children should be playing this sport‚ specifically with the research about how it can lead to different types of injuries. Even though this is a valid view‚ this is a view that I am against for a few different reasons. One of these reasons is because children can still learn lessons from playing sports like football that cannot be taught anywhere else. I am also against
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!!!!!!!!!!!” My head screamed. I was in 3rd grade and we were playing a game of soccer because we were in our soccer unit on thursday in the gym Ruby‚ one of my friends was kicking the ball down the gym floor‚ there was a big group near her‚ and I went to kick the ball from her to one of my teammates when I went and accidentally kicked her foot instead!! I was in so much pain I held my ankle gritting my teeth‚ “AAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!” My head screamed‚
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Why Running is the Perfect Hobby for Nerds I was focused on the start line ready for the first race of my track career. Not knowing at the time how running would have such a great impact on my life. Running has always run in my family (pun intended). I began running in elementary and developed a deep passion for running as I got older‚ and I have found a few reasons how the nerd culture and running go hand in hand. For the most part‚ running is an individual sport‚ which is perfect for the socially
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Since I was a little kid I been playing basketball with my family going to the park every day. I learn to play basketball from my dad and my brothers. As long I can remember I been trying to do my best to be a great basketball player as my brothers and dad. Both my brothers played basketball in middle and high school so I did the same. Both my brothers wanted to be cations of their team but fell to do so. So my dream was to be cation and show I was better than my brothers. In middle school I was
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