Jazz corporation owns 50% of the williams corp. stock. williams distributed a $10,000 dividend to jazz corporation. jazz corp.'s taxable income before the dividend was $100,000. what is the amount of jazz's dividends received deduction on the dividend it received from williams corp.?

Acreditor is an entity or person that lends money or extends credit to another party. a debtor is an entity or person that owes money to another party.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

It depends on what the venn diagram is over 

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