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Two Friends,Diane and Sam,own and Run a Bar

question 46

Multiple Choice

Two friends,Diane and Sam,own and run a bar.Diane tends the bar on Mondays,Wednesdays,and Fridays and receives a wage in addition to tips.Sam tends the bar on Tuesdays,Thursdays,and Saturdays and receives only tips.Which of the following represents an implicit cost of operating the bar?


Definitions:

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, or other verbal or physical harassment of a sexual nature.

Tort Claims

Legal actions based on civil wrongs that cause someone to suffer loss or harm resulting in legal liability for the person who commits the tortious act.

Retaliation

Act of taking revenge or responding with similar negative actions towards someone who has caused harm.

Double Taxation

The imposition of taxes on the same income, asset, or financial transaction at two different levels of government, such as both state and federal taxes on the same income.

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