When You Speak to Entertain, Your Purpose Is to Amuse

question 36

True/False

When you speak to entertain, your purpose is to amuse, interest, divert or “warm up” an audience

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Definitions:

Subject

In general terms, this refers to the main topic or entity being discussed or analyzed.

FMV

Fair Market Value; the price an asset would sell for on the open market between a willing buyer and a willing seller.

Basis

The amount of investment in an asset for tax purposes, used to calculate gain or loss on the asset's sale.

Debt

Debt signifies an amount of money borrowed by one party from another, often with the agreement that it will be repaid, usually with interest, at a future date.