Ridge Is the Manager of a Motel

question 33

Multiple Choice

Ridge is the manager of a motel.As a condition of his employment, Ridge is required to live in a room on the premises so that he would be there in case of emergencies.Ridge considered this a fringe benefit, since he would otherwise be required to pay $800 per month rent.The room that Ridge occupied normally rented for $70 per night, or $2,100 per month.On the average, 90% of the motel rooms were occupied.As a result of this rent-free use of a room, Ridge is required to include in gross income.

• A)$0.
• B)$800 per month.
• C)$2,100 per month.
• D)$1,890 ($2,100 ´ .90).
• E)None of the above.

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Definitions:

Companionate Love

A form of love characterized by deep affection, friendship, and emotional intimacy, often found in long-term relationships.

Passionate Love

Passionate Love is a state of intense longing for union with another, characterized by a high degree of physical arousal and emotional investment.

Transition

Describes the process or period of changing from one state or condition to another in various contexts such as social, physical, or emotional.

Sternberg's Triangular

A theory of love proposed by psychologist Robert Sternberg, which suggests three components: intimacy, passion, and commitment.