Alberto sold a lot. Data relating to the sale of the lot are as follows: Fair market value P10,000,000 Selling price 12,000,000 Cost 6,000,000 What are the amounts subject to the following 11. income tax
Q: Go to www.nolo.com Scroll down, then click on “Will, Trusts & Probates.” Summarize some of the…
A: Most people know they should have a will, but many don't know what a will is and how it works.
Q: Business Law Explain The Law Applicable To Contracts Of Employment And Employment Legal…
A: Employment in business law refers to the legal relationship between an employer and an employee,…
Q: M3
A: Introduction: TILA (Truth in Lending Rate)or Regulation Z is a regulation aims to safeguard the…
Q: When a title of a house and lot is delivered to you upon paying the amount agreed upon, is there a…
A: A contract of sale is a legal agreement between two parties, the seller and the buyer, whereby the…
Q: A choice of law provision in a contract determines a. the state in which any litigation would take…
A: By law, it can be said that a system is bound with certain set of rules and regulations. These rules…
Q: Give examples of obligations or contracts which are contrary to public order.
A: Introduction: Public policy is often referred to as the Policy of the Law. Due to the lack of a…
Q: What is gender identity? How is it different from sexual orientation? How does it come to be…
A: Gender identity and sexual orientation are two distinct concepts that are frequently confused. It is…
Q: Distinguish Between Initial Impossibility Of Performance, Supervening Impossibility Of Performance,…
A: In contract law, there are various types of impossibility of performance that can arise and affect…
Q: Business law What are the legal considerations for businesses operating internationally, such as…
A: International business in business law refers to the commercial transactions and activities that…
Q: Sam, a mid-level manager at his company, continually makes offensive remarks and gestures toward…
A: Sam, a middle-level manager at the same company, is accused of sexually harassing Susan, an employee…
Q: discuss the different forms of democracy and various features that are common in most democratic…
A: In a democracy, the people either directly exercise their authority or do so through elected…
Q: What is the rules established under the case law of Buckley & Young Ltd v CIR (1978) 3 NZTC 61,271…
A: The body of legal rulings reached by judges in courts of law is referred to as case law. These…
Q: Answer the following question Advise Tom, Jamal, and Jackie on their potential liability to…
A: Under the Companies Act 2006, Tom, Jamal, and Jackie are directors of T2J Ltd, and as such, owe a…
Q: If Tarek and Samantha purchase a car next week, how can they title the car so that they are both…
A: Purchase of property should be registered in the name of the owner, so that the property can be…
Q: What are the legal requirements for creating a valid electronic contract and what are the challenges…
A: The legal requirements for creating a valid electronic contract are generally the same as those for…
Q: Sebastian, Wyatt, and Mathew are close friends who graduated with master's degrees in accounting…
A: Note: The answer has been framed in a generalized manner. An official contract between two or more…
Q: Task 1: Create a Fictional Country's Law Describe what are the FIVE (new) laws of that country? What…
A: Creating laws that reflect a society's values and beliefs is a critical step towards building a just…
Q: Asap Explain Invalidity Of Regulations That Erode The Legal Status Of Employees?
A: Employees are entitled to certain legal rights and protections, which are enshrined in labor laws…
Q: What is the concept of a quasi-contract under the Philippine Civil Code? Discuss the different types…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: What are the legal considerations that a business must take into account when engaging in…
A: International trade enables global access and reach and the reasons to engage in international trade…
Q: Abby and Scotty enter into a contract that requires Abby to build an office building for Scotty. The…
A: Option (B) is improper. She failed to comply with a material contract agreement that required her to…
Q: Which of the following is a legal principle that allows consumers to cancel certain types of…
A: Contracts are written agreements that specify the terms and circumstances of a business relationship…
Q: What are covenants not to compete? How do courts decide on the legality of these covenants?
A: In general, a covenant is a binding agreement or promise between two or more parties. The term is…
Q: Alan is a salesperson for Beta Computer Store. He misrepresents to Cathy, a customer, that a certain…
A: Misrepresentation occurs when one person makes a false statement of fact that induces another person…
Q: Why is canadian code of practice for consumer protection important in Ecommerce
A: The Canadian Code of Practice for Consumer Protection in E-commerce is important because it provides…
Q: 2) Joan, a bedridden, lonely 80 year old woman, owned Greenacre (her family estate) outright. Al,…
A: This case involves an elderly woman named Joan, who deeded her family estate, Greenacre, to her…
Q: Simon has an extensive collection of rare stamps. When Simon faces financial difficulties, he…
A: Contracts are essential in commerce and everyday life because they provide a framework for parties…
Q: Explain precisely what are the systems that serve the different administrative levels?
A: Administrative refers to the tasks and processes involved in managing and organizing an organization…
Q: Although tort law is generally concerned with striking a balance between the desire to provide…
A: Contract is a legally binding agreement which can be entered between two parties in an arms length…
Q: Zoey and Drew enter into a contract that requires Drew to supply ten paintings per month to Zoey for…
A: A legally enforceable agreement between two or more parties is referred to as a contract. It…
Q: Which statement is correct about the creation of a security interest? O The debtor has no actual…
A: Many financial transactions, particularly those involving loans and credit, include security…
Q: In which situation does the national debt decrease? A. The federal government has a balanced…
A: The national debt is a crucial economic issue that impacts a nation's economy in the long run. It…
Q: Irene and Joy were co-owners of a parcel of land. On September 26, 2020, Irene discovered that Joy…
A: Contract is a legally binding agreement which can be entered between two parties in an arms length…
Q: True or False Since articles of incorporation provisions are intramural in nature and are not meant…
A: Articles of incorporation - They are legal documents that are filed with the government to create a…
Q: Carl approaches you for advice. His friend, Eddy, who also works in the legal department, has…
A: Note: The answer has been framed in a generalized manner. A legal system known as common law is…
Q: Discuss the consequences of incorporation of a company and elaborate on how different groups, such…
A: Incorporation is a legal procedure followed to create a corporate entity or company. A corporation…
Q: - Explain the differences between the different National Insurance Classes.
A: The National Insurance system is an essential component of the welfare state in the UK, providing a…
Q: Choose one of the values that Filipinos practice. Give concrete examples of the proper and improper…
A: The Filipino value system plays a significant role in business practices in the Philippines.…
Q: Subject: Business Law and Regulations Topic: Nonstock Corporation 3. During the Annual Members…
A: A non-stock company is a specific kind of business entity that doesn't issue stock and doesn't have…
Q: (b) Mr Rohit, relative of Mr. Suman, who is residing in France remitted foreign contribution of 2…
A: Please find the answer below. --> Foreign Contribution (Regulation) Act (FCRA) - The Indian…
Q: write a reflexive paper about Are your values predominantly influenced by external factors such as…
A: Our values define who we are, how we interact with others and our environment. They guide our…
Q: Nylah and Toddare friends. Nylah is engaged and wants to have the wedding of her dreams, but she…
A: The scenario presented involves a situation where two friends, Nylah and Todd, agree to a financial…
Q: Business structure has different economic, legal and tax consequences. As a result, please explain…
A: Business structure refers to the legal and organizational framework within which a business…
Q: As an expert in Industrial Relations, your friend Mary has come to you for advice. She recently…
A: A contract of service typically refers to a traditional employer-employee relationship where the…
Q: What factors must be considered in determining whether an individual with a communicable disease…
A: A physical or mental impairment that significantly impairs one or more of a person's major living…
Q: 16. For the following statement, select "true" if the activity is required for a reduced penalty…
A: A self-audit program enables businesses to find and address environmental compliance breaches before…
Q: Questions 16 and 17, please
A: Contract is a legally binding agreement which can be entered between two parties in an arms length…
Q: 6
A: The intention to create legal relations is a presumption in certain arrangements and it is based on…
Q: What are the legal and ethical considerations surrounding intellectual property, and how do these…
A: Intellectual property (IP) is a set of exclusive rights accorded to the creators of original works,…
Q: What are the legal requirements for international business transactions, such as compliance with…
A: Please find the answer below. INTERNATIONAL BUSINESS LAWS :- International business laws govern…
Step by step
Solved in 3 steps
