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Runway Corporation Has $2 Million of Gross Receipts in the Preceding

question 68

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Runway Corporation has $2 million of gross receipts in the preceding year.For purposes of the disabled access credit,what is the maximum number of full-time employees the corporation can have in the preceding year?


Definitions:

Majority Decision

A decision in a legal case or deliberative body made by more than half of the members or judges but not unanimously.

Appellate Court

A higher court that reviews the decisions of lower courts and may affirm, reverse, or modify those decisions.

Reversed

The act of a higher court changing the decision of a lower court.

Trial Court

A court of law where cases are tried in the first instance, as opposed to an appellate court.

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