The Phase "Ordinary and Necessary" Has Been Defined to Mean

question 98

True/False

The phase "ordinary and necessary" has been defined to mean that an expense must be essential and indispensable to the conduct of a business.

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Definitions:

Employee Voice

The means by which workers express their opinions, grievances, and suggestions regarding workplace policies and practices.

Steel Industry

A sector of the economy focused on the production, processing, and sale of steel and steel products.

Unionize

The act of forming or joining a union to collectively bargain for improved working conditions, wages, and benefits.

Open Shop Movement

Advocacy for workplaces where union membership is not a condition of employment, allowing employees the choice to join or not join a union.