Lena has owned and lived in her home for the last 6 years. She claimed the office in the home deduction for 3 years and claimed $500 of depreciation. Lena sold her home this year and will report the $500 of depreciation as income.

Joe enters into a contract with Martha to set fire to her house so she can collect on her insurance policy. Martha will pay Joe a portion of the insurance proceeds for his trouble. Which of the following parts of a valid contract is missing in this situation?

A. Competent parties B. Consideration C. Legal purpose D. Offer & acceptance

Which of the following statements best describes a variance?

A. A use that existed before the zoning ordinances where created and is allowed to continue. B. An exception to the zoning law but not change it. C. A change to the existing zoning codes. D. An exception to the zoning law automatically granted to the landowner.