Examlex
A balloon contains gas at a pressure 1.2 atm (1 atm = 101.3 kPa) and has a volume of 0.10m3.More gas is pumped into the balloon at constant pressure until the volume is doubled.How much work is done by the pump?
Carry Forward
A tax policy that allows individuals or companies to use a current year's tax losses to offset future taxable income.
Section 1231
A section of the U.S. tax code that allows for the favorable tax treatment of gains and losses on the sale or exchange of business property.
Aggregate
is the total amount or sum of individual parts combined.
Ordinary
Refers to income or transactions that are common or usual within the context of business and taxes.
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