For the Years 2010 Through 2014 (Inclusive)Max,a Surgeon,has Been Involved

question 41

Multiple Choice

For the years 2010 through 2014 (inclusive) Max,a surgeon,has been involved in bowling competitions.Only in 2013 and 2014 did his revenue exceed the expenses from the activity.Which statement is correct?

• A)The activity is a business.The IRS cannot prove it is a hobby.
• B)The activity is a hobby.Max cannot prove it is a business.
• C)The activity is presumed to be a business.However,the IRS may prove it is a hobby.
• D)The activity is presumed to be a hobby.However,Max may prove it is a business.

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Definitions:

Paternity Certainty

The degree of assurance or confidence that a male has regarding his biological relationship to a child.

Happy Couples

Refers to partners in a romantic relationship who experience a high level of mutual satisfaction, understanding, and emotional connection.

Double Standard

A rule or principle unfairly applied in different ways to different people or groups.

Attachment Style

Attachment Style is the characteristic way in which individuals form and maintain emotional bonds with others, significantly influenced by their early interactions with caregivers.