all of the above requirements are met when an existing general partnership, limited partnership and corporation is converted to a limited liability company (LLC)
The plan of conversion is a comparatively simple statement of essential aspects of the conversion; according to the statutory provisions, it must state:
the conversion's terms and conditions
the jurisdiction in which your corporation was formed and the jurisdiction in which your LLC will be established (here we assume both will be California)
one's new LLC's name
the method of converting your corporate shares into LLC membership interests;
the provisions of one's new LLC's publications of the organization to which the LLC representatives will be obligated; and "any other information or requirements that are considered necessary by the laws under which the converted entity is arranged, or requirements that are desired by the converting corporation."
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What determining factor do buyers use to
select products in a pure competition
market?
A. Quality
C. Profit
B. Brand
D. Price
Answer: D
Explanation:
Answer: In a pure competition market, the determining factor that buyers use to select products is price. Therefore, the correct answer is option D: price.
Explanation: In a pure competition market, the determining factor that buyers use to select products is price. In a pure competition market, there are many buyers and sellers, and the products offered by the sellers are largely the same. In this type of market, buyers will typically choose the product with the lowest price, as there is little difference between the products offered by the different sellers. Other factors, such as quality, brand, and profit, may also play a role in a buyer's decision, but in a pure competition market, price is typically the most important factor.
according to the resource-theory of the firm discussed in mcnett's article the ethics of workplace diversity, the main reason for an organization to have a more diverse workforce would be
To draw in the most exceptional and varied talent that can give one a competitive edge in various areas.
How do you define resource-based theory?
According to resource-based theory, a corporation is best positioned for long-term success if it has access to valuable, uncommon, difficult-to-replicate resources. These strategic resources can act as a springboard for developing solid competencies that, over time, may result in improved performance.
What does the word "resources" mean?
It means a source of supply or support—an option. A natural source of riches or income; generally used in the plural. Frequently used in the plural.: a natural phenomenon or feature that improves the standard of living for people.
The original question is:
According to the resource theory of the firm discussed in McNett's article the ethics of workplace diversity, the main reason for an organization to have a more diverse workforce would be _______.
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describe the canonical life history tradeoffs/correlations between longevity, reproduction and stress resistance. (just specify each pairwise relationship as either positive or negative.) g
describe the canonical life history trade offs/correlations between longevity, reproduction and stress resistance.
What is correlations?For describing straightforward relationships between data, correlations are helpful. Consider a dataset of campsites in a park in the mountains as an illustration. You're interested in finding out if the elevation of the campsite—how high up the mountain it is—and the summer's typical high temperature are related.You can measure elevation and temperature for each individual campsite. There is a linear relationship between these two variables when you compare them across your sample using a correlation: the temperature decreases as elevation rises. They have a bad correlation. The strength of the relationship is measured by the sample correlation coefficient, or r. The statistical significance of correlations is also examined.To learn more about coefficient refer to:
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which of the following is not a market performance ratio?
A. debt ratio
Debt Ratio is not a market performance ratio
Market value ratios are financial measurements that assess stock prices, evaluate them in relation to competitors' stock prices as well as other data points.
These ratios monitor public corporations' financial results to help us better comprehend their place in the market and A financial measure called the debt ratio shows what proportion of a company's assets are financed by debt.
It is the ratio of total assets (the total of current assets, fixed assets, and other assets like "goodwill") to total debt (short-term and long-term obligations).
Total debt to total assets is the debt ratio.
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alphabet company, which uses the periodic inventory method, purchases different letters for resale. alphabet had no beginning inventory. it purchased a thru g in january at $9.00 per letter. in february, it purchased h thru l at $11.00 per letter. it purchased m thru r in march at $12.00 per letter. it sold a, d, e, h, j and n in october. there were no additional purchases or sales during the remainder of the year. if alphabet company uses the weighted average method, what is the cost of its ending inventory? (round the per unit cost to two decimal places and then round your answer to the nearest whole dollar.)
Using weighted average method, the cost of its ending inventory is $67.
Ending inventory = 5.56* 12 = 67
Weighted average method:
The weighted average considers the relative frequency or relevance of particular variables in a data set.
Sometimes a weighted average is more precise than a basic average.
In a weighted average, the allocated weight is multiplied by each data point value, which is then added together and divided by the total number of data points.
Because of this, a weighted average can increase the accuracy of the data.
Investors in stocks use a weighted average to keep track of the cost basis of the shares they have acquired over time.
A weighted average, as opposed to a basic average, takes into account the relative weight or contribution of the items being averaged. As a result, it assigns more weight to the average items that happen relatively more frequently.
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when a firm experiences constant returns to scale, a.long-run marginal cost is greater than long-run average total cost. b.long-run average total cost is unchanged, even when output increases. c.long-run marginal cost is less than long-run average total cost. d.the firm is experiencing coordination problems.
Option C is the correct answer. Long-run common total value (LRATC) is a business metric that represents the common price per unit of output over the long run, where all inputs are viewed to be variable and the scale of production is changeable.
What is the lengthy run in economics?The long run is a period of time in which all elements of production and expenses are variable. In the long run, corporations are able to regulate all costs, whereas in the brief run corporations are solely in a position to influence expenses via changes made to manufacturing levels.
Long run common fee (LAC) can be described as the average of the LTC curve or the price per unit of output in the long run. It can be calculated via the division of LTC by means of the quantity of output. Graphically, LAC can be derived from the Short run Average Cost (SAC) curves.
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https://brainly.com/question/19169034#SPJ4suppose that monetary neutrality and the fisher effect both hold and the money supply growth rate has been the same for a long time. other things the same a higher money supply growth would be associated with . question 34 options: both higher inflation and higher nominal interest rates. neither a higher inflation rate nor a higher nominal interest rate. a higher inflation rate, but not higher nominal interest rates. a higher nominal interest rate, but not higher inflation.
Monetary neutrality and the fisher effect both increase the money supply growth rate increasing the inflation and nominal rate at the same rate.
What is the Fisher effect?
The relationship between inflation and both real and nominal interest rates is outlined in the Fisher Effect, an economic hypothesis developed by economist Irving Fisher. According to the Fisher Effect, the real interest rate is equal to the nominal interest rate less the anticipated inflation rate.
Irvin Fisher, an economist, is credited with creating the Fisher effect. The impartiality of money has a direct bearing on this effect. It claims that real interest rates are stable in economies and that variations in nominal interest rates are a function of changes in anticipated inflation.
Hence/Therefore,
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the copyright clause prohibits the government from creating a special kind of monopoly around intellectual property. true or false
The following statement "the copyright clause prohibits the government from creating a special kind of monopoly around intellectual property" is true.
A market that has "no competition" results in a situation where one individual or business is the only supplier of a given good or service. This contrasts with oligopoly and duopoly, which include a small number of vendors controlling a market, and monopsony, which refers to a single entity's dominance of a market to buy an item or service.
Monopolies are therefore defined by a lack of viable replacement products, a lack of economic rivalry to manufacture the commodity or service, and the potential for a high monopoly price that is substantially beyond the seller's marginal cost and generates a large monopoly profit.
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suppose that a rare virus infects and kills a significant percentage of the population. assuming that land and labor are complements in a farming production function, what would happen to the wages earned by workers and the rents earned by landowners?
The wages earned by workers and the rents earned by landowners - Wages would increase, and rents would decrease.
What drives an increase in the labor supply curve?A change in worker preferences, a change in nonlabor income, a change in the cost of associated goods and services, a change in population, or a change in expectations will cause the supply curve for labor to alter.
According to economists, the availability of labor is a problem that arises when people decide how to organize their time after weighing the opportunity costs of various options. There are 24 hours in every day. We can put our time to many different uses, like working, taking care of kids, sleeping, playing, and volunteering. Let's assume for the sake of simplification that there are only two possible ways for a person to spend their time: at work or in leisure.
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italian restaurant provides clear instructions for its employees and ensures they have the needed skills and resources before the work begins. this refers to control. a. relative b. feedforward c. reasonable d. feedback e. concurrent
Italian restaurant provides clear instructions for its employees and ensures they have the needed skills and resources before the work begins. this refers to control. The right response is D. feedback.
Warranty services efficiently fulfil the promise that a warranty firm, such as a manufacturer, merchant, or service provider, makes when selling a product with a warranty, an extended warranty, or a service contract.
Warranty services cover all necessary upkeep, fixes, and replacements for warranted goods.
A service warranty is any contract or arrangement that pays for the upkeep, maintenance, or replacement of tangible personal property, such as cars. When a producer or similar business offers a guarantee, they are promising something about the state of their product.
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what are the basic group skills necessary for development of an effective team? select all that apply.
The fundamental team building abilities required for the creation of an effective team are communication, negotiation, assessment of team dynamics, and time management.
What is team effectiveness?The ability of a team to carry out the goals or objectives set out by authorized persons or the organization is referred to as team effectiveness (sometimes referred to as group effectiveness).
A team is a group of people who cooperate to complete tasks, take responsibility for results, and see themselves as an integrated part of an institutional or organizational system that operates within its predetermined parameters.
Since groups and their members are independent of one another's roles, skills, knowledge, or purposes, as opposed to teams and their members, who are interdependent upon one another's roles, skills, knowledge, and purposes, the terms "team" and "group" have come to be synonymous in the context of processes and research relating to their effectiveness (i.e., group cohesiveness, teamwork).
Hence, The fundamental team building abilities required for the creation of an effective team are communication, negotiation, assessment of team dynamics, and time management.
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describe how free market features could be introduced to help alleviate the social problem through free market operations of supply and demand.
Government intervention is absent in a free market, and supply and demand and voluntary exchange serve as the only pillars of the economic system.
What do you mean by "demand"?The consumer's desire to buy a specific commodity or service is known as demand. Market demand is the demand on the market for a specific good. The total demand in the economy for goods and services is known as aggregate demand. The price of a commodity or service is determined by the demand and supply balance.
What does "demand" mean?Relevant Lessons
A fundamental tenet of economics is the law of demand, which holds that demand for a good increases when prices are low and decreases when prices are high. During Black Friday sales, when customers rush to purchase items at steep discounts, the law of demand is in effect.
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financial managers often shift temporary funds from checking accounts to _____ securities to earn higher interest returns.
Financial managers often shift temporary funds from checking accounts to marketable securities to earn higher interest returns.
What is marketable securities?Any unrestricted financial instrument that may be purchased or sold on a public stock exchange or a public bond exchange is referred to be a marketable security. Marketable securities are thus divided into two categories: marketable equity securities and marketable debt securities. Marketable assets must also meet other criteria, such as having a robust secondary market that enables speedy buy and sell transactions and a secondary market that gives investors accurate price quotes.
Because marketable assets are extremely liquid and regarded as safe investments, the return on these securities is modest.
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if the minimum that the smith family would be willing to sell their house for is $185,000, but they in fact sell it for $210,000, they will receive:
The Smith family will earn $25,000 in producer surplus if they sell their home for $210,000 instead of the least amount they would be willing to accept, which is $185,000.
What is producer surplus?Producer surplus is the difference between the price a person would accept for a certain quantity of a good and the price they could get for the good if they sold it at market value. The producer benefits from market sales of the good by receiving the difference or surplus amount. Market pricing above the lowest price producers would normally be ready to pay for their goods result in a producer surplus. The Walras law may be relevant here. The area above the producer's supply curve that it receives at the price point (P(i)), which forms a triangle area on the graph, is how a producer surplus is represented graphically below.
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which of the following is not a common internal control activity related to the acquisition of property, plant, and equipment? group of answer choices using a budget to forecast and control acquisitions and retirements. analyzing monthly variances between authorized expenditures and actual costs. requiring acquisitions to be authorized in relevant departments by the appropriate level of management. establishing a written company policy regarding the acquisition of raw material.
Establishing a written company policy regarding the accession of raw material isn't a common Internal control activities related to the accession of property, factory, and outfit.
Internal control is a process carried out by a company's board of directors, operation, and other labor force to give reasonable assurance that attestation is dependable, accurate, and timely. In terms of clinging to legal conditions, regulations, contracts, programs, and procedures.
Internal control activities are the guidelines and processes that aid in the prosecution of operation directives. They've included wide range of conditioning similar as blessings, authorizations, documentations, rapprochements, functional performance reviews, asset security, and isolation of duties.
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a bond has a par value of $1,000, a time to maturity of 15 years, and a coupon rate of 8.90% with interest paid annually. if the current market price is $890, what will be the approximate capital gain of this bond over the next year if its yield to maturity remains unchanged? (do not round intermediate calculations. round your answer to 2 decimal places.)
If the maturity yield remains unchanged, the bond will generate a investment income of 0.38% during the next year.
What was meant by "interest"?
Interest is the cost you earn to borrow the money or the expense you start charging to lend money. Interest is typically expressed as an annual proportion of the loan amount. This percentage is referred to as the loan's interest rate.
Briefing:
Coupon = 0.089 * 1000 = 89
Yield to maturity = 10.3775%
Keys used in an economic calculator: FV 1000, PV -890, N 15, PMT 89, CPT I/Y
Number of years until maturity = 15 - 1 = 14
Current price = Coupon * [1 - 1 / (1 + r)n] / r + FV / (1 + r)n
Current price = 89 * [1 - 1 / (1 + 0.103775)14] / 0.103775 + 1000 / (1 + 0.103775)14
Current price = 89* 7.217546 + 250.999152
Current price = $893.3608
Capital gain = [(893.3608 - 890) / 890] * 100
Capital gain = 0.38%
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a company that is centralized has given a great deal of decision-making authority to lower-level managers.
True. In a centralized organization, lower-level managers frequently have very little decision-making authority.
Which one of the following best describes a centralized organization?In a centralized organization, lower-level managers frequently have very limited decision-making authority. Typically, decisions are communicated to lower levels for execution after being made at the executive or senior management level.
Lower-level managers frequently have the responsibility of adhering to decisions made by their superiors rather than making their own.
In a centralized organization, the senior executives hold the majority of the decision-making authority. To put it another way, decisions are made at the highest levels, typically with the assistance of lower-level managers, but the top executives ultimately make the call.
Top executives make the ultimate decision, despite the fact that lower-level managers may voice their opinions.
Centralized organizations can be advantageous because they foster a sense of cohesion and direction throughout the company because all decisions are made from the top down. This can make procedures easier to follow and ensure that the company is working toward the same goals.
In an effort to solve this issue, many centralized businesses are now delegating a significant amount of decision-making authority to lower-level managers.
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Question-
True or false: In strongly centralized organizations, decision-making authority is reluctantly delegated to lower-level managers who have little freedom to make decisions.
the manager has set a par stock level of 20 cases for french fries. the buyer does the inventory and counts 5 cases on hand. how many cases should be ordered?
Ordering the manager to handle 15 cases Both the raw materials required to make products and the products that are on hand for purchase are included in inventory.
How is inventory calculated?
All of the items, materials, equipment, and stuff that a business has on hand and intends to sell to clients for a profit are collectively referred to as inventory. If the vendor uses a vehicle to sharpen pencils to customers, only the magazine will be counted as inventory. The car will be treated as a valuable asset.
What does workplace inventory entail?
Inventory is the merchandise or supplies that a company plans to resell to clients for a profit. Keeping track of inventory from producers to warehouses and back again is inventory management, a crucial component of the supply chain.
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a wealthy person has a very large investment with no sentimental value but is concerned that it could lose all its monetary value. she decides to buy insurance on this investment, even though her purchase of insurance has a negative expected monetary value for her. this need not violate the rule that we should make the choice with the highest expected utility because of:
A wealthy person will make the choice of with highest expected utility because of the law of Diminishing marginal utility. This states that with an increase in consumption, the marginal utility deriving from every unit starts declining.
In other words, the law of diminishing marginal utility states that when the consumer starts consuming the unit, it starts decreasing with every unit of consumption.
As utility means the satisfaction or happiness derived from consumption in terms of economics. At certain point when consumption reaches at the highest the level of marginal utility can also become negative where consumer becomes uncomfortable with their consumption.
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What happens if you are caught driving without insurance?
1 2 3 4 5 6 7 8 9 10 which describes the difference between a personal loan and a credit card? credit cards offer lump sums of money, while personal loans set a maximum amount a person can borrow. credit cards are secured loans for large amounts, while personal loans are unsecured for small purchases. personal loans offer lump sums of money, while credit cards set a maximum amount a person can borrow. personal loans are secured for small purchases, while credit cards are unsecured loans for large amounts.
Personal loans offer lump sums of money, while credit cards set a maximum amount a person can borrow describes the difference between a personal loan and a credit card.
The primary distinction between a personal loan and a credit card is that a personal loan provides a lump sum upfront, whereas a credit card provides a spending limit. Each has advantages and disadvantages.
Personal loans provide lump sums of money, whereas credit cards restrict the amount a person can borrow. Personal loans are secured loans used for small purchases, whereas credit cards are unsecured loans used for large purchases.
If you require a large amount of cash for a project or want to pay off high-interest credit card debt, you should consider a personal loan. If you're making a small, everyday purchase, a credit card is a better choice.
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sarah michaels wants to evaluate her operation's efficiency by calculating the number of labor minutes per meal. data from the previous week indicate that she served 7,500 meals. her timecards indicated that employees worked a total of 625 hours for the week. what were labor minutes per meal for sarah's operation?
According to the query, Sarah's operation required five minutes of work for each meal.
What does an example of assess imply?to evaluate or determine the degree, significance, scope, or worth of something: Without understanding how the research methodologies used, it is hard to assess those results. [+ word for question] We must assess how the original stuff holds up to use and abrasion.
How is the term assess used?evaluation, evaluation (used with object), appraisal (used). to establish the value or quantity of; To appraise a thing is to assess it. to evaluate something's importance, value, or excellence; appraise: to assess an experiment's findings.
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the government passes a new initiative to encourage savings in a country with a well-functioning banking system. which of the following is the best explanation of the savings initiative's impact on economic growth in the country? group of answer choices technological advance occurs, but there is no effect on economic growth. human capital is enhanced, and economic growth is positively affected. the capital stock increases, and economic growth is positively affected. the capital stock decreases, and economic growth is negatively affected.
The government passes a new initiative to encourage savings in a country with a well-functioning banking system. The best explanation of the savings initiative's impact on economic growth in the country capital stock increases, economic growth is positively affected.
An organized community governed by a system or group of individuals, usually a state. Government usually includes the legislative, executive and judicial branches in its broad sense. Government is a tool for making political decisions as well as a vehicle for implementing organizational policies.
A statement of government ideology and philosophy is equivalent to a constitution in many countries. The term "government" is sometimes used more explicitly to refer to about 200 separate national governments and its subsidiary organisations, although all have regulatory bodies.
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during the four quarters for 2020, the browns received two quarterly dividend payments of $0.37, one quarterly payment of $0.43, and one quarterly payment of $0.46. if they owned 900 shares of stock, what was their total dividend income for 2020? (do not round intermediate calculations.)
The total dividend income for the Browns in 2020, given their quarterly dividends, is $ 1, 467
How to find the total dividend income ?First, find the total dividends they received per stock :
= Two quarterly dividends + One quarterly payment + One quarterly payment
= 0. 37 + 0. 37 + 0. 43 + 0. 46
= $ 1. 63
This means that the Browns received $ 1.63 of dividends per stock in 2020. The total dividends is therefore :
= Dividend x Number of stock
= 1. 63 x 900
= $ 1, 467
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year 1 2 3 4 5 free cash flow $25 million $28 million $32 million $36 million $41 million home industries is expected to generate the above free cash flows over the next five years, after which free cash flows are expected to grow at a rate of 4% per year. if the weighted average cost of capital is 10% and home industries has cash of $20 million, debt of $40 million, and 100 million shares outstanding, what is the expected current share price of home industries?
Free cash flow at Year 6 = FCF 5 x (1 + Growth rate) = 32 x 1.03 = $32.96. Business value at Year 5 = 32.96 / (0.06 - 0.03) = $1,098.6667 million.
What is cash flow? Cash flow is the money that comes in and goes out of a company. It is the generation of income and the payment of expenses. Cash inflows result from either the generation of revenue through the selling of goods and services, money borrowed, or money earned through investments.If more cash is coming into the company than leaving the company, you are experiencing positive cash flow. But if more cash is leaving the company than coming into the company, then you are experiencing negative cash flow. Keep in mind that just because you are experiencing negative cash flow for the moment doesn't mean you are going to suffer a loss, because cash flow is dynamic. Cash flow is reported on the company's cash flow statement, which is also called a statement of cash receipts and disbursements.
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a group that is brought together from outside of their daily job assignments to work in a small team for a specific purpose is called a(n) .
A formal team is a group that is assembled outside of their regular work responsibilities to collaborate in a small group on a specific task.
Is it homework or an assignment?Another type of academic work that students are given is an assignment. There are some lengthy reading tasks throughout the course. He assigns us an assignment when class starts, and we're given seven minutes to do it. Homework is another term for the work that students receive from their teachers.
Why are assignments required of students?Student's homework teaches them how to solve problems. Through their homework, students have a further time to examine material from class.. Parents can check on their children's progress at home by looking over their homework. Assignments allow pupils to assume accountability for their involvement.
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in which of the following market structures can firms earn economic profits in the long run? a.perfect competition only b.monopolistic competition only c.monopoly only d.monopolistic competition and monopoly
In monopolistic competition and monopoly firms earn economic profits in the long run. (Option C).
What is Monopolistic Competition?When several producers compete with one another while selling different products that are not precise alternatives for one another, the situation is known as monopolistic competition.
Finally, monopolistic competition develops when many companies offer rival products or services that are similar but flawed alternatives. The barriers to entry are low in monopolistic competitive industries, and decisions made by one firm do not immediately affect those of its competitors.
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which action triggers sales order processing in the fulfillment process? group of answer choices receipt of payment from customer receipt of goods from a vendor delivery of goods to the customer receipt of a customer purchase order picking goods for shipment
Receipt of a customer purchase order triggers sales order processing in the fulfillment process. (Option C)
What constitutes the fulfilment process' last step?The customer's payment is accepted as the last stage in the fulfilment procedure. The fulfilment process operates independently of other organisational processes and cannot be merged with them. If certain requirements are satisfied, several orders may be consolidated into a single delivery.
Why is fulfilment processing status important?If your order is shown as "in fulfilment," it has likely already been processed and is being prepped for shipping. The procedure is finished once fulfilment is finished and the customer has received their order.
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Convincing yourself that something is going to happen before it does, thus leading to the occurrence of what you originally expected, is called?
When our beliefs and expectations influence our behavior at the subconscious level, we are enacting what is known as a self-fulfilling prophecy.
What is self-fulfilling prophecy?A self-fulfilling prophecy is a prediction that comes true at least in part as a result of a person's or group of persons' belief or expectation that said prediction would come true. This suggests that people's beliefs influence their actions. The principle behind this phenomenon is that people create consequences regarding people or events, based on previous knowledge of the subject.
There are three factors within an environment that can come together to influence the likelihood of a self-fulfilling prophecy becoming a reality: appearance, perception, and belief. When a phenomenon cannot be seen, appearance is what we rely upon when a self-fulfilling prophecy is in place. When it comes to a self-fulfilling prophecy there also must be a distinction "between 'brute and institutional' facts".
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when adam and tori got married 15 months ago, adam moved into the house that toni had owned and lived in for the prior 3 years. they recently decided to move to a more suburban neighborhood and sold the house. what is the maximum amount of gain from the sale of the personal residence that adam and tori can exclude from income taxation?
Based on the given information, the maximum amount of gain from the sale of the personal residence that Adam and Tori can exclude from income taxation is Zero. Thus the correct option is A.
What is Tax?A tax is referred to a certain amount that is collected by the government of any country from its citizens which is later on used in the development process of the country including building hospitals, roads and maintaining transportation, and so on.
Determine Your residency in the property for the 5-year period before the sale 2. The interval between the sale and the day you last sold a house for which you claimed the exclusion.
Therefore, option A is appropriate.
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The comnplete question is Probably
Adam and Tori got married and bought a house 15 months ago. Tori’s job recently transferred her to an office in a different state, so Adam and Tori sold their house. What is the maximum amount of gain from the sale of the personal residence that Adam and Tori can exclude from income taxation?
$0
$250,000.
$312,500.
$500,000.
