Examlex
A taxpayer may qualify for the credit for child and dependent care expenses if the taxpayer's dependent is under age 17.
Subjective Test
An assessment criteria based on personal opinions, feelings, and perspectives, rather than objective, measurable standards.
Material Breach
A significant failure to perform one's contractual obligations, which justifies the other party's termination of the contract.
Basic Principles
Fundamental rules or doctrines that form the foundation for a system of belief, behavior, or reasoning.
Specified Design
A detailed description or plan showing how something is to be made or built.
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