Ben Is Writing a Paper for His College History Class

question 67

Short Answer

Ben is writing a paper for his college history class, and he wants to include some information he found on a Web site. What are some things he should keep in mind when he is using a Web site as a source?

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Definitions:

Lease Payments

Regular payments made by a lessee to a lessor for the use of an asset over a specified period.

Sole Proprietor

An individual who owns and operates a business alone, bearing full responsibility for its debts and liabilities.

Schedule C

A form used by sole proprietors to report their business income and expenses to the IRS as part of their personal tax return.

Form 1040

The standard IRS form that individuals use to file their annual income tax returns, encompassing income, deductions, and credits.