The Type of Financing Sought Is Likely to Be Dictated

question 5

Multiple Choice

The type of financing sought is likely to be dictated by:

• A) the strength of competition.
• B) the entrepreneur's commitment to the venture.
• C) the type of opportunity a business is pursuing.
• D) the nature of the target market.

Differentiate between types of premises visitors and their legal implications.

Define and execute initial steps in legal research effectively.

Recognize the importance of working efficiently as a paralegal to contribute to reasonable client billing.

Understand how to define and prioritize research issues in legal cases.

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Definitions:

HSA

A Health Savings Account (HSA) is a tax-advantaged savings account designed for individuals with high-deductible health plans to save for medical expenses.

Moving Expenses

are costs associated with relocating for work which, under certain circumstances, may be deducted from taxable income.

Deductibility

The ability of a particular expense to be subtracted from gross income, thereby reducing taxable income.

For AGI Deduction

Deductions that are subtracted from gross income to arrive at adjusted gross income, potentially lowering taxable income.