Gabi has an ability to effectively understand others at work and uses that knowledge to influence others to act in ways that enhance his personal objectives. Gabi is demonstrating ____________.

In Year 1, Farb, a cash-basis individual taxpayer, received an $8,000 invoice for personal property taxes. Believing the amount to be overstated by $5,000, Farb paid the invoiced amount under protest and immediately started legal action to recover the overstatement. In November Year 2, the matter was resolved in Farb's favor, and he received a $5,000 refund. Farb itemizes deductions on his tax returns. Which of the following statements is true regarding the deductibility of the property taxes?

a. Farb should deduct $8,000 in his Year 1 income tax return and report the $5,000 refund as income in his Year 2 income tax return. b. Farb should deduct $3,000 in his Year 2 income tax return. c. Farb should deduct $3,000 in his Year 1 income tax return. d. Farb should not deduct any amount in his Year 1 income tax return when originally filed, and he should file an amended Year 1 income tax return in Year 2.

A broker associate who has several rental properties is asked by his relative to manage the relative's three rental properties. What may the broker associate do?

a. He must obtain his employing broker's permission b. He may manage the properties without involving the employing broker because it is for a relative c. He must sign a management agreement and set up a trust account d. He should open a separate account for funds to avoid commingling