All of the Following Individuals Are Allowed a "For AGI

question 22

Multiple Choice

All of the following individuals are allowed a "for AGI" deduction except:

• A)Cora owns her own CPA firm and travels from Lafayette,LA,to Washington,DC,to attend a tax conference.
• B)Jennifer,who lives in Houston,is the owner or several apartment buildings in Salt Lake City and travels there to inspect and manage her investments.
• C)Alan is self-employed and is away from home overnight on job-related business.
• D)Alison is an employee who is required to travel to company facilities throughout the United States in the conduct of her management responsibilities.She is not reimbursed by her employer.

---

Definitions:

Exculpatory Clause

A clause in a contract that basically frees one party (usually the drafter of the agreement) from all liability arising out of performance of the contract; generally based on factors such as consumer ignorance or a great deal of unexplained fine print that serve to deprive the less powerful party of a meaningful choice.

Liability Release

a legal document where one party agrees not to hold another party liable for risk, damage, or loss.

Green Hair

A hair color that has been dyed various shades of green or hair that has turned green due to exposure to chlorine or certain chemicals.

Legal Capacity

The ability of a person to understand the nature and effects of their actions under the law, thus being able to enter into a binding contract.