Canary sold a forklift to its 100% shareholders, adjusted basis for the forklift was $7,000. Meredith's holding period for the forklift begins on February 13, 2018. Correct answer is (d).
Anyone who holds at least 1 of a company's stock or unit in a managed fund is referred to as a shareholder. The company is primarily owned by its shareholders, who also have certain rights and obligations. With this ownership structure, they can benefit from an organization's growth.
These benefits take the shape of rising stock prices or dividend payments from financial gains. In contrast, whenever a corporation suffers a loss, the stock price inevitably falls, which might also result in financial damages for shareholders or portfolio declines. Shareholders are considered as the owner of the company of the company and their funds called as owner's equity.
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how is a jury selected
Answer: As prospective jurors are needed for specific trials or grand juries, jury pools are randomly selected from the list of qualified participants. Panels of prospective jurors are then randomly selected for each jury trial.
Should congress create a law mandating a balanced federal budget? support your position with evidence from the lesson.
No, Congress create a law mandating a balanced federal budget. A federal budget that is balanced can be passed by Congress at any time. Because of this, a constitutional amendment would be required to "mandate" a balanced federal budget.
The following Congress can easily reverse a law passed by the previous one requiring a balanced budget (providing the President agrees). To make having a balanced budget a permanent obligation, the Constitution must be amended. However, such an amendment must be carefully drafted to avoid having too many "loopholes" that render it useless. Passage of such a law would be extremely unlikely since, like many ideas, it would limit the authority of Congress. Additionally, a later Congress might just enact legislation resending it. It would be pointless to make an effort to achieve something without considering what ought to be. The majority of people agree that there shouldn't be any budget deficits, but they won't cut their own sacred cows—only those of others.
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Which free credit report service is authorized by federal law but only accessible once per year?.
The Fair and Accurate Credit Transactions Act free credit report service is authorized by federal law but only accessible once per year.
What is federal law?A federal law is a bill passed by both houses of Congress, signed by the President, overturned by a Presidential veto, or allowed to enter into force without the President's signature. Individual laws, also called Acts, are arranged according to the subject matter of the United States Code.Congress enacts approximately 200 to 600 laws in each of its 115 biennial terms, for a total of over 30,000 laws since 1789.All legislative powers of government rest with Congress. In other words, only Congress can enact new laws or change existing laws. The executive branch makes ordinances with full legal force, but is subject only to the authority of statutes enacted by Congress.To learn more about federal law from the given link :
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What is direct participatory democracy?
The term "participatory democracy" refers to a system of governance in which citizens, as opposed to elected officials, actively and personally participate in political policies and decisions that have an impact on their daily lives.
A democracy that allows citizens to influence policy is known as a participatory democracy. Broad public participation in politics is emphasised in participatory democracies. This, however, isn't a direct democracy, where choices regarding public policy are made by the people themselves.
There is proof that participatory governance approaches improve public policies and services while also increasing government accountability, responsiveness, and openness. A participatory planning method fosters trust among the participants as well as between your organisation and the community.
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compare and contrast keynes' law and say's law as they relate to aggregate demand and aggregate supply.
Aggregate demand is the total demand of all goods and services in the economy, similarly aggregate supply is total supply of goods over a period of time in the economy.
Say's Law and Keynes' Law can both be demonstrated using the aggregate demand/aggregate supply, abbreviated AD/AS, model. According to Say's Law, supply generates its own demand, whereas Keynes' Law asserts that demand does the opposite. According to Keynes' Law, fluctuations in aggregate demand result in changes in real Output and employment. Demand generates its own supply.
According to Say's Law, changes in aggregate demand only affect the price level and have no impact on true gross domestic product or employment. Instead, supply generates its own demand.
Say's Law was challenged by Keynes, who noted that not all money must be spent in the very same period as it is generated.
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FILL IN THE BLANK. when you enter traffic from a stopped position, always yield the right-of-way to___. through traffic already in the intersection vehicles pedestrians all of the answers are correct. submit answer
When you enter traffic from a stopped position, always yield the right-of-way to intersection through traffic already in the intersection vehicles pedestrians .
What is traffic?Traffic includes pedestrians, vehicles, animals that ride or drive, trains, and other vehicles that use public roads for travel or transportation.The purpose of air traffic control is to move aircraft safely and efficiently through the airspace system. Air traffic controllers release planes at set intervals as they move from airport to airport on set routes.In the UK, aircraft are handled by the airway system NATS.For example, if the driveway to your home or work can only be reached through restricted lanes, you are a resident and not passing traffic. If your destination is outside the restricted area, please use a different route and do not pass through the restricted area. Road closures mean just that. Barriers cannot be entered or crossed.To learn more about traffic from the given link :
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coverage that appears to be provided in one part of an insurance policy may be denied elsewhere in the same policy.
Insurance is taken into consideration a settlement of adhesion whilst one birthday birthday celebration, the insured, need to adhere to the settlement as written via way of means of the alternative birthday birthday celebration (the insurer).
The required details for Insurance in given paragraph
Insurance is a way of safety from monetary loss wherein, in change for a fee, a celebration concurs to assure any other birthday birthday celebration reimbursement within side the occasion of a sure loss, damage, or injury. It is a shape of threat management, on the whole used to hedge in opposition to the threat of a contingent or unsure loss. An entity which offers coverage is called an insurer, coverage company, coverage carrier, or underwriter. A character or entity who buys coverage is called a policyholder, even as someone or entity blanketed beneath the coverage is referred to as an insured. Policyholder and insured are regularly used as however aren't always synonyms, as insurance can every so often increase to extra insureds who did now no longer purchase the coverage. The coverage transaction includes the policyholder assuming a guaranteed, known, and comparatively small loss within side the shape of a price to the insurer (a premium) in change for the insurer's promise to compensate the insured within side the occasion of a blanketed loss.
The loss might also additionally or won't be monetary, however it need to be reducible to monetary terms. Furthermore, it typically includes some thing wherein the insured has an insurable interest installed via way of means of ownership, possession, or pre-current relationship.
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TRUE/FALSE. volume 18 of the code of federal regulations, which deals with conservation of power and water resources.
It is true that volume 18 of the code of federal regulations, which deals with conservation of power and water resources.
About Federal Regulations
The Code of Federal Regulations (CFR), which is codified in American law, contains all of the general and permanent rules that the executive agencies and departments of the federal govt of the United States have issued. The 50 titles that make up the CFR indicate the major categories under which there is federal regulation.
The Government Publishing Office and the Office of Federal Register (a division of the National Archives & Records Administration) jointly publish the CFR yearly edition as a special issue of Federal Register. The CFR is further published online on the daily-updated Electronic CFR website in conjunction to this annual edition.
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What do judicial activists believe about the Constitution?
Judicial activism describes a justice's approach to judicial review, in which judicial activists abandon their responsibility to interpret the Constitution in order to decide cases in order to advance their preferred policies.
According to Strauss, judicial activism can be narrowly defined as one or more of three possible actions: declaring laws unconstitutional, overturning judicial precedent, and ruling against a preferred interpretation of the constitution.Judicial activists believe that it is permissible to rule on lawsuits in a way that results in a preferred or desired outcome, regardless of how the law is written. Judicial restraint is widely regarded as the polar opposite of judicial activism.Because judicial activism frequently involves overturning precedent, it may violate the principle of "stare decisis."
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government restrictions on the distribution and sale of a pregnancy-terminating drug would be an example of laissez-faire economic and health policy.
Indeed it is true that government restrictions on the distribution and sale of a pregnancy-terminating drug would be an example of laissez-faire economic and health policy.
About laissez-faire
A laissez-faire economic system prohibits any type of economic interventionism originating through special interest groups in transactions among private groups of people. The principles of laissez-faire are as follows: each person has a fundamental right to freedom; the natural order of things is a harmonious & self-regulating system; and the individual seems to be the basic unit of society and the standard of measure in social calculus.
Another fundamental idea of laissez-faire is that markets must naturally be competitive, which the movement's original proponents constantly emphasised. Early proponents of laissez-faire suggested the impôt unique, the tax on land rent to substitute all taxes that they perceived as harming welfare by penalising output, with the goal of promoting freedom by enabling markets to self-regulate.
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What is the purpose of the merit system?
Many people have the misconception that the principles of the Federal Government's merit system are set up to guarantee fair and open hiring, competition, and employment practices devoid of political interference or other non merit elements.
A government employee is promoted or hired under the merit system when their qualifications for the position outweigh their political connections. The spoils system is opposed by this. Contrary to common assumption, the Federal Government's merit system principles are meant to promote equal employment practices free from political interference or other non-merit elements, as well as fair and open recruitment and competition. This is true, but a closer look at those principles reveals a much bigger policy objective that is directly connected to ongoing performance management of the Federal workforce. In fact, as stated in section 2301 of Title 5 of the United States Code, the Civil Service Reform Act of 1978, which incorporated the merit system principles into the law, stated the following as a matter of national policy
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on august 10, 2022, fern, inc., acquired an office building as a result of a like-kind exchange. fern gave up a factory building that it had owned for 18 months as part of the like-kind exchange. which of the following statements is true?
Since office was acquired as a result of like kind exchange, the holding period of the office building includes the holding period of the factory building.
Using a like-kind exchange, which is a tax-deferred transaction, it is possible to sell one asset and acquire another that is comparable to it without having to pay capital gains tax just on sale of the first asset. The IRS closely watches like-kind exchanges, and good bookkeeping is necessary to guarantee there are no tax penalties.
By postponing the tax till the substitute asset is eventually sold, like-kind exchanges offer taxpayers an option to taxed dispositions. If you have a significant gain on a piece of land and want to purchase a new one without having to forego cash to pay taxes, this exchange is often advantageous.
The complete question is here:
On August 10, 2019, Fern, Inc., acquired an office building as a result of a like-kind exchange. Fern gave up a factory building that it had owned for 18 months as part of the like-kind exchange. Which of the following statements is true?
a. The holding period of the factory building starts on January 1, 2020.
b. The holding period of the office building includes the holding period of the factory building.
c. The holding period of the factory building starts on August 11, 2019.
d. The holding period of the office building does not include the holding period of the factory building.
e. The holding period of the factory building starts on August 10, 2019
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FILL IN THE BLANK. the___is the document that is the defining accord for the protection of human rights around the world.
A key document in the development of human rights is the Human Rights treaty (UDHR).
What do you mean by rights?Rights are fundamental normative norms regarding what is permitted of people or due to people in accordance with some court system, social custom, or ethical theory. Rights are therefore political, social, or ethical foundations of freedom or entitlement.
What sort of rights are those?These include the freedom from tortured and other harsh or inhumane treatment, the right to freedom, that right to trial, The right to freedom of speech, religious liberty, good health, quality education, and appropriate living conditions. freedom of speech. freedom of conscience or religion. the right to assemble. liberation from slavery, inhumane treatment, and torture.
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what happens if you lose an appeal
A motion for a rehearing, the applications for the writ of habeas corpus, an effort to transfer the case, and an appeal to the highest court are some of these are options for a person who loses an appeal.
Depending on the circumstances surrounding the criminal or civil case, an appellant who loses their appeal has a number of options.
About Appeal
Appeal, the process of asking a higher court to examine a lower court's judgement or a court to have an administrative agency's order reviewed. All legal systems offer some type of appeal, albeit in different forms. In order for there to be an appeal, there must be a judicial hierarchy.
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What should you do if an individual asks you to let her follow you into your controlled space, stating that she left her security badge at her desk?
If an man or woman asks you to allow her observe you into your managed space, declaring that she left her safety badge at her desk, Don't permit her get admission to into stable regions and document suspicious activity.
The required details for security badge in given paragraph
An get admission to badge is a credential used to advantage access to a place having automated get admission to manipulate access factors. Entry factors can also additionally be doors, turnstiles, parking gates or different barriers. Access badges use numerous technology to pick out the holder of the badge to an get admission to manipulate gadget. The maximum not unusual place technology are magnetic stripe, proximity, barcode, clever cards and numerous biometric devices. The magnetic strip ID card turned into invented with the aid of using Forrest Parry in 1960. The get admission to badge carries a number of this is examine with the aid of using a card reader. This quantity is normally known as the ability code and programmed with the aid of using the admin. The quantity is dispatched to an get admission to manipulate gadget, a pc gadget that makes get admission to manipulate selections primarily based totally on statistics approximately the credential. If the credential is blanketed in an get admission to manipulate list, the get admission to manipulate gadget unlocks the managed get admission to point.
The transaction is saved within side the gadget for later retrieval; reviews may be generated displaying the date/time the cardboard turned into used to go into the managed get admission to point.
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What happens if the House and the Senate versions of a bill are different Brainly?
In the event that the House and Senate pass distinct versions of a bill, it is sent to conference committee. The majority of important legislation is managed by a conference committee.
Who makes up the conference committee, and how many of them?Usually made up of three representatives from each chamber, a conference committee is a combined entity. One representative from the opposition party and two from the ruling party used to make up the committee for each chamber.
A conference committee's job description?A conference committee is a short-term, ad hoc group composed of House and Senate conferees that was established with the goal of settling differences in legislation that had already been approved by both chambers. Conference committees are often constituted to resolve differences between the two chambers regarding substantial or contentious legislation.
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the federal reserve's policy regarding announcing its policy decisions has
The Federal Reserve's policy of disclosing its policy choices has Prior to 1994, these policy decisions were kept under wraps. Only recently have they been made immediately public.
What are the Federal Reserve's policy decisions known as?In order to foster maximum employment, stable prices, and moderate long-term interest rates—the three economic objectives that the Congress has directed the Federal Reserve to pursue—monetary policy in the United States consists of the Federal Reserve's actions and communications.
What has the monetary policy target been said to be?Maximum employment and stable prices, or low, steady inflation, are the Fed's two equally important monetary policy objectives as set forth by Congress. The third, less well-known objective of maintaining moderate long-term interest rates is implied by this "dual mandate."
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the objective of marine corps leadership is to
The objective of Marine Corps Leadership is to develop the leadership qualities of Marines to enable them to assume progressively greater responsibilities to the Marine Corps and society.
what is one power of the states under the constitution
All elections, including presidential ones, are held by the states, and constitutional revisions must be ratified by them. State governments have the authority to impose laws on business, taxation, healthcare, education, and many other matters inside their state, provided that those laws do not conflict with federal law.
What is the distribution of power between the national and state government in the US federal system?
Federalism restricts the scope of government by establishing two sovereign powers—the federal government and state governments—and limiting the influence of each. Internal constraints are imposed by the separation of powers by dividing one body of government against another, giving each branch distinct responsibilities, and requiring them to share power.
All elections, including presidential ones, are held by the states, and constitutional revisions must be ratified by them. State governments have the authority to impose laws on business, taxation, healthcare, education, and many other matters inside their state, provided that those laws do not conflict with federal law.
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what is the term for the legal ability to enter into a binding contract?
Answer: contractual capacity
Explanation:
What is the function of an election in a democracy ?
Elections have been the main tool for implementing representative democracy in contemporary times since the 17th century. Elections may be held to fill positions in the legislative, executive, judicial, and occasionally regional and municipal branches of government.
Elections are a vital part of democratic administration. Because direct democracy—a form of administration in which political decisions are determined directly by the entire body of competent citizens—is impracticable in the majority of modern societies, democratic government must be carried out through representatives. Citizens can choose their leaders through elections and hold them accountable for their conduct while in office. A party or coalition that is so powerful that voters have little to no choice among alternative candidates, parties, or policies due to historical circumstances or other factors might undermine accountability. Elected leaders who do not care if they are reelected can also accomplish this. But the ability to control leaders by requiring them to take part in regular and frequent elections helps to resolve the problem of leadership succession.
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a(n) ____ is a smaller-scale plan developed to implement a strategy.
A tactical plan is a smaller-scale plan developed to implement a strategy.
What is a smaller-scale plan?Generally, It makes it easier for the workers in the organization to achieve their objectives in an effective and efficient manner. This makes it easier for them to finish their work within the allotted time.
It provides them with assistance in deciding what to do and how to go about doing it. The upper management evaluates each individual task as well as each employee and then assigns work based on how effectively they can complete it.
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who is wade in roe v wade
The 22-year-old complainant, Norma McCorvey, is referred to in the case as just "Roe" on occasion. Wade was the defendant and the district attorney for Dallas County (Texas) at the time.
About Roe v wade:
In its landmark decision Roe v. Wade, the United States Supreme Court determined that women have the right to an abortion under the country's Constitution. The ruling invalidated a number of state and federal abortion regulations, sparking a national discussion about whether or to what degree abortion should be permitted, who should make that decision, and the proper place of morality and religion in politics. The ruling also influenced the discussion of the Supreme Court's constitutional review procedures.
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What are the 4 types of cases heard by federal courts?
Federal courts often only consider matters in which the US is party, cases involving constitutional or legal violations, crimes committed on federal property, and bankruptcy cases.
About Federal courts
One of the three departments of the federal united states government, the federal judiciary is governed by both federal law and the United States Constitution. The U.S. Supreme Court, U.S. Courts of Appeals, & U.S. District Courts make up the bulk of the U.S. federal judiciary. There are numerous additional smaller federal tribunals included as well.
According to Article III of the Constitution, in addition to allowing the Congress to establish more federal courts and set restrictions on their jurisdiction, the Supreme Court must be established. According to Article III, federal judges are chosen by president with Senate approval and are supposed to hold their positions until those who resign, are tried and found guilty, or pass away.
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What are the methods of democracy?
There are two main types of democracy methods in practice in the world that are as follows: direct and representative democracy.
In direct democracy, the human beings determine on regulations with none middleman or consultant, while in a consultant democracy human beings vote for representatives who then enact coverage projects. Representative democracy is a shape of democracy wherein human beings vote for representatives who then vote on coverage projects; in preference to direct democracy, a shape of democracy wherein human beings vote on coverage projects at once.
As noted above, direct democracy is while the human beings vote at once on legal guidelines or different coverage projects. Indirect democracy is while the human beings go with representatives to make the ones equal votes on their behalf. Direct illustration or proxy illustration is a shape of consultant democracy wherein citizens can vote for any candidate withinside the land, and every consultant's vote is weighted in percentage to the range of residents who've selected that candidate to symbolize them.
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what role does the legislative branch play
The Legislative Branch's Constitutional Role Their task was to recommend changes to the Articles of Confederation, which served as the basis for American governance at the time. Under the Articles, Congress (the only branch of the American government at the time) was having difficulty raising funds to run the government.
legislative branchThe legislative branch of government is in charge of enacting the laws that govern a territory. The legislative branch is the organ that approves the laws of the government; it is responsible for formulating the state's will and granting it authority and legal force.
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What jurisdiction was given to the federal courts?
Because federal courts only have limited jurisdiction, they can only consider matters that are specifically allowed by the US Constitution or federal law.
Any matter originating under federal laws, the Constitution, or treaties must be filed with the federal district court. Original jurisdiction is the term used to describe this form of authority. The authority of state courts and federal courts may overlap, allowing some matters to be brought in both courts. In the beginning, the plaintiff gets to decide whether to file the case in a state or federal court. However, the defendant might occasionally decide to "remove" to federal court if the plaintiff opts for state court.Under the court's "diversity jurisdiction," cases that are completely based on state law may be brought before a federal judge. When the defendant is located in another state, diversity jurisdiction enables a plaintiff from that state to sue in federal court. For the same reason, the defendant may also attempt to "remove" from state court.
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A prepaid application for individual Disability Income insurance was recently submitted to an insurer. When the insurer received the Medical Information Bureau (MIB) report, the report showed that the applicant had suffered a stroke 18 months ago, something that was not disclosed on the application. Which of the following actions would the insurance company NOT take?
Send the initial premium back to the applicant
Send a notice to the applicant that the coverage was declined
Send a notice to the MIB that the applicant was declined
Send a notice to the agent that the applicant was declined
The action that the insurance company would not take is to Send a notice to the MIB that the applicant was declined.
What happens when irregularities are noticed in insurance applications ?Insurance coverage is based on several things and one of them is past health conditions as well as current ones. This allows the insurance company to properly calculate the premiums to be paid by the insured person. It is therefore important that people do not lie on their insurance applications as this can be grounds for rejecting the application.
The insurance company in this instance, found out thanks to the Medical Information Bureau (MIB) report, that the applicant had a stroke that they did not disclose to the insurance company. As a result of this, the initial premium can be sent back to the applicant, and their coverage can be declined. The insurance company does not have to send a notice to the Medical Information Bureau (MIB) that they declined the applicant.
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What is a direct popular vote?
System in which each state's congressional districts would select one of president's electors. district strategy system where each prez candidate would be awarded same no. of electoral votes from each state as they received in popular vote.
About popular vote
When the electors assemble, you are instructing your state to vote for a particular candidate. These general election results, usually referred to as the popular vote, are used by the States to choose their electors. The electors are chosen by the State political party of the victorious candidate.
In an indirect election, also known as hierarchical voting, instead of choosing candidates or parties for a position directly (as in a direct voting system), voters elect representatives who then select candidates or parties.
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What is a public interest group government ?
What distinguishes public-interest organizations as a whole? People who weren't even members of a group are benefited by their efforts.
What does "government" actually mean?1. the action of ruling; political rule and administration; the exercising of political authority over the activities, affairs, etc. of a political unit, people, etc., as well as the execution of certain responsibilities for this unit or body. 2. a dictatorial system of government, such as that utilized in a society.
Who is the government, exactly?A government is a group of people with the power to rule an area, according to administrative law. This region may be a country, a state or provincial inside a country, or another geographical unit. There are many different types of
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