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:

Best

Describes the highest quality, greatest degree, or utmost excellence compared to all others in a category or group.

Correct Punctuation

The proper use of symbols such as commas, periods, and question marks in writing to clarify meaning.

Bestsellers List

A ranking of books or other media according to their sales figures within a specific period.

News Article

A written piece of journalism that reports on recent events or information, typically published in newspapers and online platforms.