Pam runs a hot dog cart at the sports stadium. pam has no skills, no job experience, and no alternative employment. entrepreneurs in the hot dog cart business earn $20,000 a year. pam pays the rent of $500 a year, and her total revenue is $16,000 a year. she borrowed $1,100 at 10 percent a year to buy equipment. at the end of one year, pam was offered $1,000 for her business and all its equipment. pam explicit cost are

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?

The state troopers in one state have a motto, “nine you’re fine; ten you’re mine,” which is the standard that they use for pulling over speeders on the state highways. in other words, if the posted speed limit is 55 mph, drivers can drive at a rate up to 64 mph without fear of getting a ticket. which of the following best describes the ethical culture in the state? a. the troopers are following a standard of positive law. b. the troopers are following a normative standard. c. the troopers are following a headline test. d. the troopers are following the blanchard/peale standard.