Examlex
According to the psychometric approach, personality can be characterized as a set of distinct traits on which people differ.
Self-Employment Income
Income generated by an individual directly from one's own business, trade, or profession, rather than from an employer.
Partnership Basis
The amount of a partner's investment in a partnership for tax purposes, affecting how they report income, gains, and losses.
Guaranteed Payment
Payments made to partners in a partnership regardless of the partnership's income, ensuring the partner receives a steady income.
Partnership Interest
A partnership interest is the share or portion of a partnership owned by one of the partners, encompassing the rights to the profits, losses, and assets associated with the partnership.
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