Rick, a Computer Consultant, Owns a Separate Business (Not Real

question 105

Multiple Choice

Rick, a computer consultant, owns a separate business (not real estate) in which he participates. He has one employee who works part-time in the business.

• A) If Rick participates for 500 hours and the employee participates for 620 hours during the year, Rick qualifies as a material participant.
• B) If Rick participates for 550 hours and the employee participates for 2,000 hours during the year, Rick qualifies as a material participant.
• C) If Rick participates for 120 hours and the employee participates for 120 hours during the year, Rick does not qualify as a material participant.
• D) If Rick participates for 95 hours and the employee participates for 5 hours during the year, Rick probably does not qualify as a material participant.
• E) None of the above.

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Definitions:

Ecological Perspective

A method of viewing societies, environments, and their relationships as interconnected and influencing each other.

Microsystem

A term from ecological systems theory, referring to the immediate environments (like family and school) that directly influence an individual's development.

Kin-time

A concept referring to the time spent with family members or kin, often involving various familial activities and obligations.

Conflict Theorists

Scholars who focus on social, political, or material inequalities of a social group, analyzing the broad socio-political system.