L. Jones withdraws from a partnership with two other partners. Jones agrees to take $15,000 in settlement of his capital balance of $25,000. This creates a bonus that is allocated to .

c.

explanation:

regressive tax taxes the poor and less of the wealthy. this the rich get richer and the poor get more poor. this would create a large wealth gap.

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.

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