Gwyneth Loves to Drive at High Speed with a Carload

question 27

Multiple Choice

Gwyneth loves to drive at high speed with a carload of her friends.Although her parents have warned her about the danger of doing this,she feels that nothing bad will happen to her.Accidents and crashes are things that only happen to other people.Gwyneth's belief in her own invulnerability is part of her

• A)imaginary audience.
• B)personal fable.
• C)mutual role-taking.
• D)social cognition.

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Definitions:

Straight-Line Method

A method of calculating depreciation of an asset by evenly spreading the cost over its useful life.

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Business entities that pass their income, deductions, and credits down to their owners for tax purposes, avoiding taxation at the corporate level.

LLC's

Stands for Limited Liability Companies, a business structure in the U.S. that offers personal liability protection to its owners but can be taxed as a partnership.