One of the best tax shelters is owning a car.
a. true
b. false
Ans: b. false
Business
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Working time for purposes of the FLSA includes on-call time:
A. when the employer has agreed to pay the employee for on- call time. B. in all cases. C. only when the employee is actually called into work. D. when the employee's movement is so restricted that he or she is unable to use the time predominantly for his or her benefit.
Business
The future interest of a grantor of a life estate would likely be a
A. reversionary interest. B. contingent remainder interest. C. vested remainder interest. D. nonfreehold estate.
Business