Brad Was Disabled for Part of the Year and He

question 138

True/False

Brad was disabled for part of the year and he received $11,500 of benefits from a disability plan purchased by Brad's employer as a nontaxable fringe benefit.Brad must include all $11,500 of benefits in his gross income because Brad was not taxed on the disability insurance premiums paid by his employer.

Identify the income eligibility for the premium tax credit.

Understand the role of traits in leadership effectiveness.

Distinguish between different leadership traits and their impact.

Recognize the historical evolution of trait theory in leadership studies.

---

Definitions:

Few Substitutes

A market condition where there are limited alternative products or services available to consumers.

Nike

an American multinational corporation known for designing, manufacturing, and selling athletic footwear, apparel, and equipment.

Elastic Demand

Characterizes a market situation where the quantity demanded of a good or service significantly changes in response to price changes.

Shoe Polish

A substance used to shine, restore color, and improve the appearance of leather shoes or boots.