In 2018, Liam Invested $100,000 for a 25% Interest in a Partnership

question 110

Multiple Choice

In 2018, Liam invested $100,000 for a 25% interest in a partnership involved in an activity in which he is a material participant. The partnership reported losses of $340,000 in 2018 and $180,000 in 2019 with Liam's share being $85,000 in 2018 and $45,000 in 2019. How much of the losses can Liam deduct?

• A) $0 in 2018, $0 in 2019.
• B) $85,000 in 2018, $0 in 2019.
• C) $85,000 in 2018, $15,000 in 2019.
• D) $85,000 in 2018, $45,000 in 2019.
• E) None of the above.

Recognize theories and concepts related to technology failure and determinism.

Comprehend the evolution of societal attitudes towards scientists and technological advancements.

Identify the main negative consequences of technological development.

Understand the role of technology in shaping history and its influence by various entities.

---

Definitions:

Performance Standards

Specific criteria used to measure the efficiency, effectiveness, and quality of an employee's work or an organization’s outputs.

Achievable

Pertains to goals or objectives that can realistically be accomplished within the available resources and constraints.

Complex

Comprising many interconnected parts or elements; not simple or straightforward, often requiring significant time or effort to understand or deal with.

Direct Observation

A research method where data is collected by watching subjects in their natural or controlled environment without interference or manipulation.