Answers
The court case David H. Hoffman et ux., T.C. Memo 2016-69 dealt with the issue of whether certain expenses incurred by the taxpayer, David H. Hoffman, and his wife were deductible as business expenses under Section 162 of the Internal Revenue Code.
The court's ruling was that the expenses in question were not deductible as business expenses because the taxpayer failed to prove that they were incurred in carrying on a trade or business or for the production of income. Additionally, the court found that the taxpayer was liable for accuracy-related penalties under Section 6662(a) of the Code because he failed to maintain adequate records to substantiate the deductions claimed.
This case highlights the importance of maintaining proper records and documentation when claiming business expenses. Taxpayers must be able to prove that the expenses were necessary and directly related to their business activities, and failure to do so can result in the disallowance of deductions and potential penalties. As such, it is crucial for taxpayers to keep accurate records of all business-related expenses to ensure that they are able to properly substantiate their deductions in the event of an audit or other review by the IRS.
To recap, using the headnotes of the court case David H. Hoffman et ux., T.C. Memo 2016-69, the court addressed the issue of whether the taxpayers could deduct a loss on their tax return related to the sale of their property and the court ruled that they could not because the property was held for personal use, not for investment purposes.
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Related Questions
Which is a reason ethics are important to law enforcement?
Answers
Answer:
Ethics is important because law enforcement is placed in a position of authority.
Explanation:
How does soft money get around campaign finance laws?
Answers
Under FECA, corporations, unions, and individuals could contribute unlimited "nonfederal money"—also known as "soft money"—to political parties for activities intended to influence state or local elections.
A company is an agency—usually a collection of humans or an agency—authorized with the aid of the kingdom to act as a single entity (a prison entity diagnosed by using non-public and public regulation "born out of statute"; a prison person in felony context) and identified as such in law for sure functions.[1]: 10 Early integrated entities had been installed by using constitution (i.e. by using an ad hoc act granted through a monarch or handed via a parliament or legislature). maximum jurisdictions now allow the introduction of new organizations through registration.
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Theory should be tested against___ to measure its accuracy and value
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The philosopher Jean-Jacques Rousseau believed that society has a corrupting influence on a people and that it was the government's responsibility to protect the people from the ills of society by making laws that benefit the general population. Do you agree with Rousseau? Why or why not? Explain.
Answers
If the parties to a contract intended a third party to benefit from the contract, that third party is referred to as a(n) ______ and has the power to ______ for breach.
A. Indemnifier; compensate
B. Beneficiary; sue
C. Guarantor; enforce
D. Mediator; negotiate
Answers
If the parties to a contract intended a third party to benefit from the contract, that third party is referred to as a(n) beneficiary and has the power to sue for breach. The correct option is B.
A third party is referred to as a beneficiary if the parties to a contract intend for them to receive benefits from the contract. The beneficiary is given certain rights and benefits under the contract even though they are not a direct party to it. In the event that the contracting parties fail to uphold their obligations, the intended beneficiary may have the right to enforce the agreement and bring a breach of contract lawsuit.
The term "third-party beneficiary rights" refers to this idea. The terms of the contract and any relevant laws will determine the specific rights and remedies that the beneficiary is entitled to. To ensure that the contract can be enforced, it is crucial that the parties express their intention to grant the third party rights in clear terms.
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A tenant properly filed a complaint under state law against his landlord in federal district court under diversity jurisdiction, alleging that the landlord's negligence in failing to repair the stairs in a common area of the apartment building resulted in the tenant falling and sustaining significant injuries. After the landlord served his answer, the tenant moved for summary judgment. In support of his motion, the tenant submitted affidavits from three other tenants in which each stated that she had told the landlord prior to the accident that the stairs needed to be fixed. In opposition to the motion, the landlord submitted an affidavit from the maintenance worker employed by the landlord, stating that the stairs were in good condition on the day of the tenant's accident.
How should the court rule on the motion for summary judgment?
Answers
In the situation portrayed above, it may be stated that the court will grant the motion in the interest of the plaintiff, i.e., the tenant.
A court has the power to grant a motion in the case before an actual trial is being held in the court of law as per the legal procedures. In the cases that involve complaints against their landlords, the tenants usually have an upper hand in getting the motion granted by the court in their favors more often than not. Thus, the court readily grants motion in such cases.
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Tort suits generally come from:a. customer carelessness or ignoranceb. unexpected instances of carelessness or bad behavior c. failure to plan for unexpected catastrophesd. natural disasterse. repeated failure to comply with industry regulations
Answers
Tort suits generally come from unexpected instances of carelessness or bad behavior. option (b)
A tort is a civil wrong that causes harm or injury to another person or property. Tort suits can arise from a wide range of circumstances, including accidents, intentional wrongdoing, and negligence. Negligence is the most common basis for tort claims and arises when a person or entity fails to exercise reasonable care, causing harm to another person.
Tort claims can also be based on intentional conduct, such as assault or battery, defamation, or false imprisonment. While failure to comply with industry regulations or planning for unexpected catastrophes may contribute to tort claims, the primary source of such claims is unexpected instances of carelessness or bad behavior.
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Explain how ethical dilemmas are evaluated and resolved, what factors are involved?
Answers
Answer:
By mutual understanding and cooperation.
Explanation:
Ethical dilemmas are evaluated by the individual when they work for their own interest and affect the other individual. For example, by taking the credit of other's work. In this example, one individual takes the advantage of the situation which is totally unethical. Such type of ethical dilemmas are resolved by the mutual understanding and cooperation of the two parties. Factors that are involved in creating ethical dilemmas are achieving personal goals and make advantage of a situation for your own profit and interest.
What if somebody accidentally gives me the wrong answer? Wouldn’t I NOT be learning? And wouldn’t it be a waste of my points?
Answers
Answer:
yup that happenes sometime..
Explanation:
should the police be given the full power to control itscitizens? Why or why not?
Answers
Answer:
No, they should not. Police don't always know what is right and they can make mistakes. They should stick to protecting their citizens and not controlling. They should leave that to the government.
If maybe police had to be given full power to control its citizens they would need a lot more practices, and they would need more training. Their job would be much harder.
But altogether I don't think they should.
Explanation:
Hope this helps :)
using genetically modified plant varieties that kill insects that chew their leaves. although the use of ddt was banned in the united states in 1972, a test of the body tissue of an average united states resident today would most likely reveal the presence of ddt because
Answers
DDT is a pesticide that was widely used in the past but is now banned in many countries, including the United States, because of its harmful effects on the environment and human health.
DDT and its breakdown products can persist in the environment for long periods of time, and they can accumulate in the body tissue of animals and humans.
Therefore, even though DDT was banned in the United States in 1972, a test of the body tissue of an average United States resident today would most likely reveal the presence of DDT because of its persistence in the environment and its ability to bioaccumulate.
The use of genetically modified plant varieties that kill insects that chew their leaves is an alternative method to control pests, it is not related to the presence of DDT in the body tissue.
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An attorney negligently gives erroneous “curbstone advice” to his client. Can he be held liable for mis-representation? Buttersworth v. Swint, 186 S.E. 77 (Va. 1936)
Answers
In the case of Buttersworth v. Swint, 186 S.E. 77 (Va. 1936), the specific details and facts of the case are necessary to provide a comprehensive analysis. However, based on the information provided, it appears that the attorney in question may potentially be held liable for misrepresentation if certain conditions are met.
To determine liability for misrepresentation, several factors are typically considered, such as the attorney-client relationship, the nature of the advice given, and the consequences of relying on that advice. Additionally, the specific laws and regulations governing legal ethics in the jurisdiction where the case occurred would play a role in assessing liability.
The graph shows the market for graphic T-shirts.
Price in Dollars
18
16
14
12
10
8
4
2
10
20
40
Quantity Supplied
→
50
What does the graph show about the relationship
between a product and its price?
O As the amount of a product goes up, the price goes
up.
O As the amount of a product goes down, the price
goes up.
O As the interest in a product goes up, the price goes
up.
O As the interest in a product goes down, the price goes
up.
Answers
The relationship between a product and its price is that as the interest in a product goes up, the price goes up. Thus, Option C is the correct statement.
What is the relationship between a product and its price?The theory of price states that, the price is affected by various factors in the market and these factors can influence the price of the product.
The factors may be as follows -
Income of the consumers.Price of substitute goods.Price of complementary goods.Taste and preferences of consumers.Thus, the relationship between a product and its price is that as the interest in a product goes up, the price goes up. Thus, Option C is the correct statement.
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Full Question:
Although part of your question is missing, you might be referring to this full question:
The graph shows the market for graphic T-shirts.
What does the graph show about the relationship between a product and its price?
As the amount of a product goes up, the price goes up.
As the amount of a product goes down, the price goes up.
As the interest in a product goes up, the price goes up.
As the interest in a product goes down, the price goes up.
See attached image.
THE MONKEY'S PAW
ESCAPE ROOM code
Answers
Answer:
The the hek does that mean?
according to the dietary guidelines for americans, many people eat excess amounts of certain foods/nutrients, putting them at risk for disease. which of the following nutrients/foods are high in the diets of many americans? select all that apply.
Answers
Many Americans consume large amounts of alcohol, saturated fat, sugar, and calories in their diets.
What nutrients are recognized in the American Dietary Guidelines as being of concern?Calcium, potassium, dietary fiber, and vitamin D are believed to be nutritional concerns for the majority of Americans. Moreover, iron is a vitamin that poses a risk to the general public's health for those who are pregnant, nursing, or have young children, particularly those who ingest a lot of human milk.
What foodstuffs, as recommended by the Dietary Guidelines for Americans, should consumers avoid consuming?Consume a variety of nutrient-dense foods and beverages from within and between the major food groups while limiting your intake of saturated and trans fats, cholesterol, added sugars, salt, and alcohol.
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Suggest five ways which you could successfully deal with the negative effects of continued exposure to negative media stereotypes
Answers
A stereotype is a broadly held, simplified, and essentialist conviction about a particular pack. Bunches are much of the time generalized based on sex, direction nature, race and identity, ethnicity, age, financial status, language, etc.
Stereotype danger is characterized as a "socially commenced mental danger that emerges when one is in a circumstance or working on something for which a negative stereotype around one's gathering applies"
Stereotype danger alludes to the gamble of affirming negative generalizations about a person's racial, ethnic, orientation, or social gathering which can make a high mental burden and diminish scholastic concentration and execution. The term was instituted by the specialists Claude Steele and Joshua Aronson.
Rehashed encounters of generalization danger can prompt an endless loop of decreased certainty, lackluster showing, and loss of interest in the significant area of accomplishment. Generalization danger has been contended to show a decrease in the presentation of people who have a place with adversely generalized gatherings.
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What are the functions of political system?
Answers
Answer:
To maintain integration of society by determining norms.
To adapt and change elements of social, economic, religious systems necessary for achieving collective (political) goals.
Explanation:
Thats basically it please give brainliest
the minimum standard of proof necessary for an arrest under any circumstance is
Answers
The minimum standard of proof necessary for an arrest under any circumstance is Probable Cause.
A person would have probable cause to suspect that a crime was being committed, had already been committed, or was about to be committed.
For a search or arrest warrant, sufficient reason must be shown. A police officer may also make an arrest if he observes a crime being committed.
The United States Supreme Court defined reasonable suspicion as "the sort of common-sense conclusion about human behaviour upon which practical people... are entitled to rely." Additionally, it has stated that a reasonable suspicion just needs to be more than a "unarticulated hunch." It requires more than just a vague, fictitious, or simply conjectural suspicion to be supported by facts or situations.
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Complete question is:
The minimum standard of proof necessary for an arrest under any circumstance is _______
Should the UK ratify the UN Convention on Contracts for the International Sale of Goods (CISG)?
Answers
Answer:a
Explanation:
can u help me? wut is a good idea for a new amendment how would it benefit people? PLZ HELP WILL GIVE bRaiNLESt if two pEoPLe answer. ;-;
Answers
T/F little's law can be thought of as a relationship between units and time.
Answers
Its True, Little's Law can be thought of as a relationship between units and time.
Little's Law is an equation that represents the connection between the average number of items in a queue, the average time it takes for an item to get through the queue, and the average arrival rate of items per unit of time. In queuing theory, Little's Law is fundamental, and it is used in various fields.Little's Law states that: The average number of items in a stationary system is equal to the average rate of arrival of items multiplied by the average time that an item spends in the system.
L = λWWhereL = Average number of items in the systemλ = Average rate of arrivalW = Average time spent by an item in the systemHence, Little's Law can be thought of as a relationship between units and time.
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WILL GIVE BRAINLYIST!
What Enlightenment ideal does this quote show? "That whenever any
Form of Government becomes destructive of these ends, it is the Right of
the People to alter or to abolish it, and to institute new Government .
Declaration of Independence 1776
A.stare decusis
B. federalism
C. separation of powers
D. socal contract
Answers
Answer:
Its D. social contract
Explanation:
Just did the quiz and C was incorrect
section 16 of the 1934 act addresses what type of insider trading?
Answers
Section 16 of the 1934 Act addresses the reporting and disclosure requirements for corporate insiders, such as officers, directors, and major shareholders, who engage in short-swing trading.
Section 16 of the Securities Exchange Act of 1934 regulates the activities of corporate insiders in relation to their trading of company securities. It specifically addresses short-swing trading, which refers to buying and selling a company's securities within a six-month period. The purpose of Section 16 is to prevent corporate insiders from taking advantage of material non-public information by engaging in quick trades that could potentially harm other shareholders. Under Section 16, corporate insiders, including officers, directors, and shareholders with more than 10% ownership, are required to report their trades to the Securities and Exchange Commission (SEC) and the public. They must disclose the details of their transactions, including the number of shares bought or sold and the prices at which the trades occurred. These reporting and disclosure requirements aim to promote transparency and accountability in the trading activities of corporate insiders, allowing investors to make more informed decisions based on the information provided.
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what are the ways of protecting the rule of law
Answers
Answer:
The Four Universal Principles
Explanation:
The government as well as private actors are accountable under the law. The laws are clear, publicized, and stable; are applied evenly; and protect fundamental rights, including the security of persons and contract, property, and human rights.
Unbiased media.
End of impunity.
End of lawlessness.
Good political knowledge.
Supremacy of law.
Peace and security.
Feeling of belonging of all in the governing rule.
how do voter attitudes serve as a barrier to minor parties in government?
Answers
Minor parties often find it difficult to gain seats in government due to several factors, including voter attitudes. These attitudes can serve as a barrier to minor parties in government because many voters feel that they have to vote for one of the major parties to be able to make a difference.
However, many voters also feel that the major parties are too similar and do not offer enough diversity in their views or policies. This can lead to a situation where minor parties are seen as being too far outside of the mainstream to be taken seriously by voters, or where voters simply do not know enough about minor parties to feel comfortable voting for them. Another factor that can work against minor parties is the way that election campaigns are funded.
Major parties often have access to far greater amounts of money than minor parties do, and this can make it difficult for minor parties to compete effectively in the political arena. Voter attitudes can also serve as a barrier to minor parties in government because many voters do not want to waste their vote on a candidate who is unlikely to win. This means that they are more likely to vote for a major party candidate, even if they do not agree with that candidate's policies or views.
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Minor parties are politically crucial, and they are believed to provide a voice for people who feel ignored by the major parties. However, the attitude of voters serves as a barrier to minor parties in government. Voters who belong to minor parties are frequently viewed with skepticism by other voters and even by mainstream political analysts. In addition, voting systems that use the first-past-the-post system affect the ability of minor parties to win seats in government.
Minor parties may find it difficult to get into government, but their attitude is crucial. It is because the minor party's attitude can be perceived as extreme or incompatible with the majority of the people. This attitude causes them to lose votes, and in a first-past-the-post electoral system, it may be a significant barrier to their gaining seats in government. This, in turn, makes it challenging for minor parties to make a significant impact on government policy. In addition, voter attitudes serve as a barrier to minor parties in government due to the underfunding of minor parties by the government.
Minor parties have less access to media and fewer financial resources to run campaigns, which restricts their ability to promote their policies effectively and gain widespread support. As a result, minor parties face difficulties in being elected into government, even when they are representing a significant percentage of the population.
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Do you think that the dairy industry is an example of a purely competitive market? Why or why not? If not, what industry is?
Answers
Answer:
yes
Explanation:
because it record everything
If you had to choose between a large sum of money or the option of doing what you think is best, by walking away from the money, what would you do?
Answers
If I had to choose between the two, the right decision is by walking away from the money I will be more at ease.
If I had to choose between a large sum of money or the option of doing what I think is best, by walking away from the money, I would choose the option of what I think is the best for me. It is because of the fact that if I have the liberty to take up what is best for me then it would mean I have freedom within myself and it helps me maintain my inner peace and well-being. This will be the right decision.
The option to choose what I think is the best will bring along the responsibility to choose the right option, but we should not fear the consequence. Social pressure can undoubtedly have a negative impact on our judgment, but there are times when it can also be used for good.
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Why is competition limited in an oligopoly?
Answers
In an oligopoly, the market is shared among a few firms. Competition is limited in an oligopoly for various reasons, which are explained below:
Interdependence: In an oligopoly, firms are interdependent on each other. Every firm's decision will affect the other firms' profits and market share. Therefore, firms have to consider their rival's responses before taking any action. Firms are not in a position to decide on the price of the product because the price is linked to the output of the industry.
Pricing strategies: Firms in an oligopoly focus on non-price competition, like product differentiation, branding, and advertising. Firms in an oligopoly tend to differentiate their products to create brand loyalty. This type of competition requires a significant amount of capital, which makes it hard for new entrants.
Barriers to entry: Firms in an oligopoly use several barriers to prevent new firms from entering the market. High capital costs, government regulations, and patents are some of the entry barriers used in oligopolistic markets.
Non-Price Competition: Firms in an oligopoly are not allowed to compete based on prices. Firms need to use different types of non-price competition to compete effectively. Product differentiation, research and development, advertising, and branding are some of the strategies used in an oligopoly to differentiate the products from their competitors'.Thus, competition is limited in an oligopoly because of the interdependence between the firms, non-price competition, entry barriers, and pricing strategies.
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what is democratization imply?
Answers
Answer:
Democratization, or democratisation, is the transition to a more democratic political regime, including substantive political changes moving in a democratic direction.
Are those groups comprised of criminally minded individuals who have used the internet to communicate, collaborate, and facilitate cybercrime?
Answers
Cybercriminal Organizations are comprised of criminally minded individuals who have used the internet to communicate, collaborate, and facilitate cybercrime.
Cybercrime is any criminal activity that targets or uses a computer, computer network, or connected device. Most cybercrime is perpetrated by cybercriminals or hackers looking to make money. However, sometimes cybercrime aims to damage computers and networks for reasons other than profit. Cybercrime is a crime involving computers and networks.
Your computer may have been used in a crime or targeted. Cybercrime can put your personal security and financial well-being at risk. Fraud and identity theft (although the increasing use of malware, hacking, or phishing has made it an example of both "computer-targeted" and "computer-as-a-tool" crimes) Information warfare. Phishing - Betrug. spam.
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