Mario's Delivery Van Is Completely Destroyed When a Tree Fell

question 71

Multiple Choice

Mario's delivery van is completely destroyed when a tree fell on it. Mario's insurance company pays him $11,000 for the accident. The van cost $20,000 three years ago. Tax depreciation deductions of $6,000 have been taken to date. The "Blue Book value" (i.e., fair market value) of the van is $12,000 on the accident date. What is Mario's casualty loss on the van?

• A)$- 0 -
• B)$ 1,000
• C)$ 3,000
• D)$ 8,000
• E)$13,000

Recognize the role of social movements in pursuing environmental justice.

Understand the concept of ecological footprint and its relevance to environmental sociology.

Identify key figures and their contributions to the field of psychotherapy.

Understand the concept and implications of the placebo effect in medical treatment.

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Definitions:

Committee on Public Information

A government agency created during World War I to influence public opinion and promote support for the war through propaganda.

Debs's Piece

Refers to writings or speeches by Eugene V. Debs, an American socialist, political activist, trade unionist, and five times the candidate of the Socialist Party of America for President of the United States.

Great Migration

The movement of over six million African Americans from the rural Southern United States to urban areas in the North, Midwest, and West from approximately 1916 to 1970, seeking better job opportunities and living conditions.

Liberal Internationalism

A foreign policy doctrine that emphasizes international cooperation, the promotion of democracy, and the use of international institutions to achieve peace and prosperity.