Examlex
Reactive maintenance is _____________ maintenance.
Pass-Through Entity
A business structure that allows profits to be 'passed through' directly to the owners or shareholders, avoiding corporate income tax.
Federal Income Taxes
Taxes levied by the U.S. federal government on the annual incomes of individuals, corporations, trusts, and other legal entities.
Personal Income
The total annual income earned by an individual from all sources before taxes.
Several Liability
A legal principle where each party is only responsible for their own obligations, not the others'.
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