Examlex
If the selling price of a depreciable asset exceeds its original cost, the excess of the selling price over that original cost is taxed as a capital gain.
Popular Culture
The beliefs, practices, and objects that are part of everyday traditions.
Corporations
Legal entities that are separate from their owners, with the ability to own assets, incur liabilities, and engage in contracts or legal actions.
Protestantism
A branch of Christianity that originated with the Reformation, a movement against what its followers perceived as errors in the Roman Catholic Church.
Capitalism
An economic system characterized by private ownership of the means of production, the operation for profit, and market competition.
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