Timo is the sole owner of jazz inc., an s corporation. on october 31, 2018, timo executed an unsecured demand promissory note of $20,775 and transferred the note to jazz (jazz could require timo to pay it $20,775 on demand). when timo transferred the note to jazz, his tax basis in his jazz stock was $0. on january 31, 2019, timo paid the $20,775 to jazz as required by the promissory note. for the taxable year ending december 31, 2018, jazz incurred a business loss of $17,250.
how much of the loss clears the stock and debt basis hurdles for deductibility?

The law says your employer is responsible for providing you with a safe and healthy workplace. true or false?

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real