When Ringler set up a demonstration booth to learn about consumers' feelings toward her vacuum cleaner, she was doing which of the following?

If a limited partnership interest is sold, the gain or loss in the sale is the difference between the sales proceeds and the:

A) original basis. B) adjusted basis. C) total of tax preference items allocated to the investor. D) total of the deductible losses taken by the investor.

Which of the following statements is true regarding a collective bargaining agreement?

a. It is negotiated between an employee and a union. b. It is negotiated under the provisions of the American Recovery and Reinvestment Act. c. It is ratified by the union. d. It can be changed only when a new union is elected.