A(n) _________ arises when a broker or their agent, acting on behalf of a client, has a competing professional or personal bias which hinders their ability to fulfill the fiduciary duties they have undertaken on behalf of their client.

George operates a business that generated adjusted gross income of $250,000 and taxable income of $170,000 this year (before the domestic production activities deduction). Included in income was $70,000 of qualified production activities income. George paid $60,000 of wages to employees engaged in domestic manufacturing. What domestic production activities deduction will George be eligible to claim this year?

A. $5,400 B. $6,300 C. $7,200 D. $15,300 E. $22,500

Generally the taking of private land by governmental bodies for public use is governed by due process of law and is accomplished through an exercise of:

a. reverter. b. escheat. c. eminent domain. d. police power.