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Television station Channel 2 receives $200,000 from Harry's Auto Parts, Inc., to air Harry's commercials during a local automotive repair talk show in December 2014. December's ratings drop sharply when the show's star quits to work as a mechanic with a NASCAR team. Shortly thereafter, Harry contacts Channel 2 indicating that he wants to discontinue his sponsorship and requests return of $125,000 of the payment. The station continues to air the commercials and keeps the $200,000. Harry initiates a legal suit to recover the $125,000. Which of the following dictate that the $200,000 be included in Channel 2's 2014 gross income? I. Capital Recovery Concept. II. Claim of Right Doctrine.
Educational Choices
Refers to selections made regarding educational paths, institutions, or programs based on individual preferences and goals.
Career Choices
The selection of a particular path or profession in which an individual intends to pursue over the course of their employment life.
Earnings
The amount of money that an individual or company receives in return for their labor or investment.
Female/Male Earnings Ratio
The comparison of average earnings between women and men, often used to highlight gender pay disparities.
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