The concept of venue reflects the policy that: a. An individual must have a sufficient stake in a controversy before he or she can bring a lawsuit.
b. A controversy is real and substantial as opposed to hypothetical or academic.
c. The court must have authority before it can take a case, try it, and decide it.
d. A lawsuit should be tried in the geographic neighborhood in which the incident leading to the lawsuit occurred.

Which of the following is a problem for the production of public goods?

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?