This topic contains a solution. Click here to go to the answer

Author Question: If Bruce receives a fixed payment for performing continuing services for a third party he is ... (Read 11 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
If Bruce receives a fixed payment for performing continuing services for a third party he is considered a partner, regardless of whether he shares in partnership profits or losses.
  Indicate whether the statement is true or false

Question 2

Properties used for solar energy development purposes are eligible for rapid five-year depreciation.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Christopher

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

FALSE

Answer to Question 2

TRUE




kfurse

  • Member
  • Posts: 590
Reply 2 on: Jun 24, 2018
:D TYSM


Chelseyj.hasty

  • Member
  • Posts: 319
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

For a complete list of videos, visit our video library