You have received a settlement offer from an automobile manufacturer due to mechanical problems with your automobile. the manufacturer will pay you $ 16 comma 000 in one lump sum eight years from now. you can earn 8% on your investments. the present value of the manufacturer's settlement offer is closest to (

What does the phrase limited liability mean in a corporate context?

If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?