Examlex
After owning a car with a manual transmission, Don buys a car with an automatic transmission. When first driving his new car, he keeps reaching for the nonexistent clutch and gearshift. This is an example of
Personal Income Taxes
Taxes levied on the income of individuals, typically based on their earnings from employment, investments, and other sources.
Proprietor
The owner of a business establishment, a shop, or any other commercial enterprise.
Sole Proprietorship's Profits
The total income a sole proprietorship generates after expenses are deducted, belonging entirely to the business owner.
Deception
The act of misleading or tricking someone into believing something that is not true, often for personal gain.
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