Decision by __________ Is Being Used When Two or Three

question 152

Short Answer

Decision by __________ is being used when two or three people can dominate the majority or "railroad" the majority into agreeing to a solution.

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Definitions:

Additional Contributions

Extra payments beyond the minimum required, often referring to retirement accounts or other savings plans.

Cash Distribution

The payment of earnings or assets from a corporation or a financial entity to its shareholders, investors, or partners.

Partnership Income

Earnings distributed to the partners of a partnership from the business, which is reported on their personal income tax returns.

Basis

The amount paid for an asset or investment, used to calculate gain or loss for tax purposes.