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John Is a Self-Employed Computer Consultant Who Lives and Works

question 93

Multiple Choice

John is a self-employed computer consultant who lives and works in Dallas. John paid for the following activities in conjunction with his business. Which is not deductible in any amount?
1) Dinner with a potential client where the client's business was discussed.
2) A trip to Houston to negotiate a contract.
3) A seminar in Houston on new developments in the software industry.
4) A trip to New York to visit a school chum who is also interested in computers.


Definitions:

Certainty

The state of being without doubt or the confidence in a fact or outcome being true or guaranteed.

Risk

The potential for loss or harm associated with taking an action or a decision.

Uncertainty

The state of having limited knowledge or lacking information about an event, making its outcome unpredictable.

Reverse Brainstorming

A creative problem-solving technique that focuses on identifying problems instead of solutions, thereby highlighting areas for improvement.

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