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Richard traveled from New Orleans to New York for both business and vacation. He spent 4 days conducting business and some days vacationing. He incurred the following expenses: What is his miscellaneous itemized deduction (before the floor), assuming Richard is an employee and is not reimbursed, under the following two circumstances?
a. He spends three days on vacation, in addition to the business days.
b. He spends six days on vacation, in addition to the business days.
Self-Serving Bias
A common tendency to attribute one's successes to personal characteristics and failures to external factors.
Situational Attribution
The process of attributing a person's behavior to external or environmental factors, rather than to internal dispositions.
Self-Fulfilling Prophecy
A belief or expectation that influences a person to act in ways that cause the belief to become true.
Human Nature
The innate characteristics, including ways of thinking, feeling, and acting, which all human beings share.
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