Which of the Following Is NOT Considered a Related Party

question 46

Multiple Choice

Which of the following is NOT considered a related party for the purpose of limitation on accruals to related parties?

• A) Spouse when the taxpayer is an individual.
• B) A partner when the taxpayer is a partnership.
• C) Brother when the taxpayer is an individual.
• D) A minority shareholder when the taxpayer is a corporation.
• E) All of these are related parties.

---

Definitions:

Realistic Expectations

Reasonable and achievable anticipations about outcomes based on evidence and past experiences, free from over-optimism or excessive pessimism.

Attractiveness

A characteristic or set of characteristics that are perceived as appealing or desirable in others, often influenced by cultural and personal preferences.

EVLN Model

A model explaining the four reactions of employees to workplace dissatisfaction: Leaving, Speaking Out, Staying Faithful, and Ignoring.

Neglect

The failure to provide for a child's basic needs, including physical, emotional, educational, and safety needs.