In law, a restrictive covenant is the arrangement that generally restricts use of land in order to preserve the value of adjacent land or a neighborhood.
What is a restrictive covenant?In an agreement, a restrictive covenant is a kind of condition that confers a restriction, limits or prohibition on the actions of someone named in an enforceable agreement.
In conclusion, these covenant in law is such arrangement that restricts a use of land in order to preserve the value of adjacent land or a neighborhood.
Read more about restrictive covenant
brainly.com/question/6336090
Those who disagree with the idea of a fiduciary duty in mortgage loan transactions feel that _____ is ultimately responsible for ensuring that a certain loan product has appropriate terms and conditions
Question 2 of 10
What is product positioning?
O
A. The set of plans for product, price, place, and promotion that the
marketer will use
O
B. The use of names and symbols to identify the company's products
O C. The process of dividing up a total market into groups (segments)
with similar needs and buying behaviors
OD. A definition of how the company intends for customers to view its
product relative to the competition
Answer:
I think it should be D keep checking just in case
Which of the following accounts would normally have a credit balance and appear in the balance sheet?
A. Dividends.
B. Salary expense.
C. Revenue.
D. Uneamed revenue.
E. Accounts receivable.
The account that contains a normal credit balance & the same appears in the balance sheet is unearned revenue.
The following information is relevant:
The dividend contains the normal debit balance and the same is to be shown under the stockholder equity statement.The salary expense is to be shown under the income statement and contains a normal debit balance.The revenue is to be shown under the income statement & contains a normal credit balance.Unearned revenue is a liability account and contains a normal credit balance. Also, it is to be shown under the balance sheet.The account receivable is an asset account & it contains a normal debit balance. Also, it is to be shown under the balance sheet.Therefore we can conclude that the account that contains a normal credit balance & the same appears in the balance sheet is unearned revenue.
Learn more about the balance sheet here: brainly.com/question/22988522
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
The right to receive a proportionate share of any assets remaining after the corporation goes out of business, sells its assets, and pays off its liabilities is the right of.
The proper to acquire a proportionate percentage of any property ultimate after the business enterprise is going out of business, sells its property, and can pay off its liabilities is the proper of liquidation.
The required details for Liquidation in given paragraph
Liquidation is the manner in accounting with the aid of using which a employer is delivered to an quit in Canada, United Kingdom, United States, Ireland, Australia, New Zealand, Italy, and plenty of different countries. The property and assets of the employer are redistributed. Liquidation is likewise now and again known as winding-up or dissolution, even though dissolution technically refers back to the closing degree of liquidation. The manner of liquidation additionally arises when customs, an authority or agency in a country chargeable for amassing and safeguarding customs responsibilities, determines the very last computation or ascertainment of the responsibilities or disadvantage accruing on an entry. Liquidation can also additionally both be compulsory or voluntary.
The term "liquidation" is likewise now and again used informally to explain a employer in search of to divest of a number of its property. For instance, a retail chain can also additionally want to shut a number of its stores.
To know about Liquidation click here
https://brainly.com/question/24131354
#SPJ4
The Corner Market has fixed costs of $1,600, depreciation of $1,200, a tax rate of 35%, and a cost of capital of 12%. Variable costs represent 67% of sales. What minimum level of sales must the market obtain to avoid a net loss on its income statement?
Answer:
$8,484.85
Explanation:
Fixed costs = $1,600
Depreciation = $1,200
Tax rate = 35%
Cost of capital = 12%
Variable costs = 67% of sales
Desired sales = (Fixed cost + Depreciation) / Contribution ratio
Desired sales = ($1,600 + $1,200) / (1 - 67%)
Desired sales = $2,800 / 0.33
Desired sales = 8484.84848485
Desired sales = $8,484.85
The minimum level of sales that Corner Market must obtain to avoid a net loss on its income statement is $8,484.85.
a contract clause which specifies the amount of damages to be paid in the event of a breach is called
A contract clause which specifies the amount of damages to be paid in the event of a breach is called a liquidated damages clause.
When parties are entering into a contractual agreement, certain provisions are catered for in the contract which allows payment of a specified sum should one of the parties be in breach of contract. This is called liquidated damages clause.
The purpose of adding the clause ( liquidated damages clause) is to ensure sure parties to the contract understand and performs their duties accordingly.
Learn more at : https://brainly.com/question/12413891
What is the least amount of money a student should receive when doing work
study?
о A. $6 an hour
о B. Federal minimum wage
OC. State minimum wage
D. $7 an hour
SUBMIT
The correct answer is B. Federal minimum wage. The Federal Work-Study program requires that students be paid at least the federal minimum wage, which is currently $7.25 per hour.
Some states have a higher minimum wage rate, so if the state's minimum wage is higher than the federal minimum wage, then the student would need to be paid at the higher state rate.
When there are conflicting minimum wage rates, employers are required to pay the higher rate. It is important to note that some types of workers, such as tipped employees and workers with disabilities, may have a different minimum wage rate under certain circumstances.
Learn more about Federal minimum wage, here
https://brainly.com/question/31687921
#SPJ1
Expatriates who are citizens of an employer's home country and residing and working in another nation are called _____
Expatriates who are citizens of an employer's home country and residing and working in another nation are called parent-country nationals.
A Parent Country National or PCN is an employee who works in a country other than their country of origin. They are also called "ex-pats" or "expatriates".
Parent Country National or Home Country National – A permanent resident of the country where the company is headquartered. Host Country Citizen – A permanent resident of the country in which we have our place of business.Benefits: Offer opportunities for promotion and advancement to local people, increasing their engagement and motivation. Disadvantages: Lack of opportunities for international and cross-cultural experience for homegrown citizens.
Learn more about Parent here: https://brainly.com/question/240537
#SPJ4
TRUE/FALSE. Under the 2017 Tax Cuts and Jobs Act, the most significant change is that the corporate tax rate goes from 35 percent to 21 percent, which puts U.S. Companies on competitive footing with many other countries.
True, the corporation tax rate is decreasing from 35% to 21% under the 2017 Tax Cuts and Jobs Act, which puts American businesses on an equal footing with those in many other nations.
What effect did the Tax Cuts and Jobs Act of 2017 have on the rates of corporation taxes?
The corporate income tax rate was reduced from 35 percent to 21 percent permanently as part of the 2017 Tax Cuts and Jobs Act, among other significant adjustments to business taxes. Deductions, depreciation, expensing, tax credits, and other business-related tax items have altered as a result of the Tax Cuts and Jobs Act ("TCJA"). Business owners can use this side-by-side comparison to comprehend the changes and make appropriate plans
To know more about tax click on the link below:
https://brainly.com/question/25658352
#SPJ4
Assume that the oil extraction company needs to extract Q units of oil (a depletable resource) reserve between two periods in a dynamically efficient manner. What should be a maximum amount of Q so that the entire oil reserve is extracted only during the 1st period if (a) the marginal willingness to pay for oil in each period is given by P = 26 - 0.5q, (b) marginal cost of extraction is constant at $3 per unit, and (c) discount rate is 1%?
To determine the maximum amount of oil reserve, Q, that should be extracted only during the 1st period, we need to compare the marginal cost of extraction with the marginal willingness to pay for oil in each period.
(a) The marginal willingness to pay for oil in each period is given by P = 26 - 0.5q, where q represents the quantity of oil extracted in each period.
(b) The marginal cost of extraction is constant at $3 per unit.
(c) The discount rate is 1%.
We want to maximize the total present value of revenue from oil extraction. The present value of revenue can be calculated using the formula:
PV = Σ [(P - MC) / (1 + r)^t],
where PV is the present value of revenue, P is the price per unit, MC is the marginal cost per unit, r is the discount rate, and t is the time period.
Since the marginal cost of extraction is constant at $3 per unit, MC = $3.
Using the formula for marginal willingness to pay, we have P = 26 - 0.5q.
Substituting the values into the present value formula, we get:
PV = Σ [(26 - 0.5q - 3) / (1 + 0.01)^t],
where the summation is taken over the 1st period.
To maximize PV, we want to extract the maximum amount of oil reserve, Q, only during the 1st period. This means the summation will include all values of q from 0 to Q.
To find the maximum value of Q, we need to determine the point at which extracting any additional unit of oil in the 1st period would result in a lower present value.
Therefore, we need to find the value of Q where the marginal willingness to pay, 26 - 0.5Q, is equal to the marginal cost, $3.
26 - 0.5Q = 3,
Solving for Q:
0.5Q = 23,
Q = 46.
Hence, the maximum amount of oil reserve, Q, that should be extracted only during the 1st period is 46 units.
To know more about marginal visit-
brainly.com/question/31198163
#SPJ11
Study the extract from a contract of employment below and answer the following questions 1. Which of the Sections under the Termination of Employment chapter of the Act are covered in the contract?2. What alternative agreements are made that deviate from the normal rule? Extract from Contract of EmploymentThe employee's employment may be terminated either by him/her or by the employer by the giving of written notice to the other party as follows: 1. During the first three (3) months of employment: one (1) day's notice.2. Payment, instead of notice, may be arranged by mutual agreement between the parties, subject to all other requirements of this contract having been met and satisfied.4. Nothing in this contract effects the right of any party to act according to the employer's Disciplinary Code, the Labour Relations Act, 1995, The Basic Conditions of Employment Act, 1997, or any other Act, statute, regulation or ordinance that has relevance to the relationship between the parties.
The contract covers termination within the first three months and the option for payment instead of notice.
In the contract of employment, it states that the termination of employment can occur either by the employee or the employer giving written notice to the other party. During the first three months of employment, only one day's notice is required.
This is in accordance with Section 1 of the Termination of Employment chapter. Additionally, the contract allows for an alternative agreement where payment instead of notice can be arranged by mutual agreement between the parties.
This deviation from the normal rule is mentioned in Section 2 of the Termination of Employment chapter. This means that if both parties agree, the employee can receive payment in lieu of the notice period.
To know more about mutual agreement visit.
https://brainly.com/question/29794643?referrer=searchResults
#SPJ11
Brownsville Novelty Store prepared the following budget information for the month of May: Sales are budgeted at $360,000. All sales are on account and a provision for bad debts is made for each month at three percent of sales for the month. Inventory was $84,000 on April 30; an inventory increase of $12,000 is planned for May 31. All inventory is marked to sell at cost plus 50 percent. Estimated cash disbursements for selling and administrative expenses for the month are $48,000. Depreciation for May is projected at $6,000. Brownsville's budgeted bad debts expense for May is:
Answer: $10800
Explanation:
Brownsville's budgeted bad debts expense for May will be calculated by multiplying the sales budgeted for May by the percentage allocated to the provision for bad debt. This will be:
= $360,000 × 3%
= $360,000 × 3/100
= $360,000 × 0.03
= $10800
Brownsville's budgeted bad debts expense for May is $10800
which one of these is an example of a necessary debt
Answer:
An example of unnecessary debt is when you change your clothes and don't really need on a high-interest score. Thus option C is correct.
What is unnecessary debt?
An unnecessary debt can be caused by a variety of issues such as expensive life events, having children, or moving to a new house. It may also be due to poor money management. The debt is due to those things that are not needed and hence are unnecessary.
Explanation:
what was not seen as one of the three primary components of sales and operations planning at red wing shoes
Data was not seen as one of the three primary components of sales and operations planning at red wing shoes.
Operational making plans is the end result of a team or branch operating to execute a strategic plan. it's far a destiny-orientated technique that maps out department goals, competencies, and budgets to promote the success of team-based totally activities designed to help the strategic plan.
sales and operations making plans is an incorporated commercial enterprise control manner through which the executive/management group continually achieves consciousness, alignment, and synchronization amongst all enterprise functions. S&OP is a technique that will help you supply higher customer support, lower inventory, shorter lead instances, greater strong manufacturing prices, and better control of an standard enterprise.
Learn more about operations here: https://brainly.com/question/550188
#SPJ4
If the 2014 poverty line is based on the amount of money an individual has earned as income, then ____.
A. the poverty line will be adjusted to take the value of non-cash government assistance into account.
B. government programs that provide non-cash assistance to the poor are not considered.
C. the concept of what poverty means in the 21st century should be rethought from scratch.
D. it will be difficult to compare poverty rates over time in a market-driven economy.
If the 2014 poverty line is based on the amount of money an individual has earned as income, then government programs that provide non-cash assistance to the poor are not considered.
The poverty line, poverty threshold, or breadline is the lowest amount of income considered appropriate in a certain country. Typically, the poverty line is derived by determining the entire cost of a year's worth of essentials for the average adult. Because housing costs, such as rent for an apartment, account for the majority of this estimate, economists monitor the real estate market and other housing cost indicators as important influences on the poverty line. Individual considerations, such as whether one is a parent, old, a child, married, and so on, are frequently utilized to account for diverse conditions. The poverty line may be raised or lowered on an annual basis.
In practice, the official or popular understanding of the poverty line, like the concept of poverty, is substantially greater in affluent countries than in developing countries. Mollie Orshansky devised the poverty threshold between 1963 and 1964. She calculated the poverty line as a measure of income insufficiency by increasing the cost of a three- or four-person family's meal plan by a factor of three. The interagency poverty level review group changed the threshold in 1969 to account only for price fluctuations.
We can learn more about poverty line here:
https://brainly.com/question/13462061#
#SPJ4
which aspect of argentina’s economic environment are international businesses most likely to perceive as attractive? Infrastructure Natural resources Educational system Economic system
International enterprises are likely to find Argentina's economic environment to be favorable.
The right response is A.
What is the foundation of Argentina's economy?Fisheries, forestry, and agriculture are all significant industry. Argentina is a significant supplier of beef, wheat, and soybeans to other countries. Along with wine, it is a significant producer of wool, though most of its champagne is consumed locally.
What makes Argentina's economy unique?
Due to the quantity of extremely productive farmland in the nation, Argentina has distinct competitive advantages in the agricultural sector. Between 1860 and 1930, economic prosperity was fueled by the extraction of the rich pampas land.
visit to learn more about infrastructure.
brainly.com/question/14527131
#SPJ1
Explain the change in demand for watermelons using evidence, and show this effect on a supply and demand graph.
Answer:
Explanation:
Changes in the supply of melon
is brought about both positive and negative factors affecting supply of melon apart from the price of melon
Making Decisions It is Friday, Homecoming, and the big game with a rival school is tonight. You have an after-school job, and you have been saving for the big event for the past month. BUT, you had to purchase two new tires for your car; and now you only have $40 to spend. You need to get gas, pay to get into the game, and you had planned to take your date out to eat after the game before you go the Homecoming dance. Answer each question in complete sentences using proper grammar and punctuation: 1. Do you have enough money to do all that you had planned? 2. If gas costs $3.00 per gallon, what factors will determine how much gas you purchase? 3. We will assume that you and your date will get into the game for free since you are students. Will you have enough to take your date to dinner after the game, once you purchase gas for your car? 4. Would you be better off to cancel the whole night's plans? Justify your answer...tell why you made your choice.
Answer:
1. No
2.If you are on a budget it depends if you want to purchase $50 or another amount, while if you want to fill up the gas tank it depends on the cars' capacity. Some cars can take up to 11 gallons of gas, so if wanting to fill up the tank you would need to spend $33.
3. no because i will have 6 dollars left.
4. yes and chill at home with my date, im sure he/she will understand unless they will help pay for it or ask parents.
JUSTIFYING ANSWER= i choose to be this way because first off i would save my money once i even found about homecoming.
Explanation:
For the cost function C(Q) = 100 + 2Q + 3Q2, the marginal cost of producing 2 units of output is a. 2 b. 3 c. 12 D. 14 Difficulty: Medium 10. For the cost function C(Q) = 100 + 2Q + 3Q2, the total fixed cost of producing 3 units of output is
100
7
140
40
33
For the cost function C(Q) = 100 + 2Q + 3Q^2, the marginal cost of producing 2 units of output is 10.
To find the marginal cost, we need to take the derivative of the cost function with respect to quantity (Q). The derivative of C(Q) = 100 + 2Q + 3Q^2 with respect to Q is 2 + 6Q.
Substituting Q = 2 into the derivative, we get: 2 + 6(2) = 14.
Therefore, the marginal cost of producing 2 units of output is 14.
For the cost function C(Q) = 100 + 2Q + 3Q^2, the total fixed cost of producing 3 units of output is 124.
The fixed cost is the constant term in the cost function, which in this case is 100. So, the total fixed cost is 100.
Therefore, the total fixed cost of producing 3 units of output is 100.
Learn more about cost function
https://brainly.com/question/29583181
#SPJ11
20 POINTS PLEASE HELP WILL GIVE BRAINLY!!!!!!!!!!!
Let's say you're in eighth grade. At your school, it's traditional for eighth graders to have a dance each spring before they leave for high school. In order to make your dance a success, your class will need to fundraise. You're hoping that selling candy-grams for Valentine’s Day will raise a lot of money! The cost of producing each candy-gram is a dollar, but this does not include the cost of making any posters or banners to promote your sale. Give your reasoning as to the lowest price you should charge for each candy-gram. What would be the highest possible price you could charge? Would your class be willing to create and sell more candy-grams at the highest price than at the lowest? Why or why not?
Answer:
i think $1 will be okay forthe lowest price at least is something everyone can afford abd the highest pruce will be 2$ cause we will need to raise funds and other materials and alsi love to sell at the highest cause there is other materials and not everyone will wabt to spend such on a candy everyone has things to buy
What was the most important message that BTS taught you personally?
I think it was definitely to be more confident in myself and not care about what people think. I think the song that I loved the most was 21st century girl, it really boosted my love and admiration for myself as a girl, in a society (where I live )where we aren’t considered much. Words like “you’re worth it” really stuck with me. So to sum it up , they taught me to love myself for who I was, to stand up for what I think is right and not care about what people think of me, or the fact that they don’t think much of me because I’m girl, lol.
(What about you ARMY)
I remember being really shy and I kept everything to myself, but BTS taught me to open up more and love myself and believe in what I can do, as well as not let people bring me down with just words, that is why I like listening to songs like MIC Drop, Not Today, and ON
which fields are required to calculate net present value (npv) in excel?
The required fields to calculate Net Present Value (NPV) in Excel are the cash flows for each period, the discount rate, and the initial investment.
To calculate NPV in Excel, the formula used is: =NPV(discount rate, cash flow 1, cash flow 2, ..., cashflow n) + initial investment. In this formula, the discount rate is the rate of return required for the investment, and the cash flows are the amounts received or paid out in each period. The initial investment is the amount invested at the start of the project. All of these inputs are necessary to accurately calculate NPV in Excel. It is important to note that the cash flows should be entered in chronological order, with the initial investment being entered as a negative cash flow in the first period. By calculating NPV in Excel, businesses can determine whether an investment is worthwhile, by comparing the NPV to zero. If the NPV is positive, the investment is expected to be profitable, whereas if it is negative, the investment is expected to result in a net loss.
Learn more about discount rate here
https://brainly.com/question/9841818
#SPJ11
The prices for all kinds of fish sold in Eastville's downtown Old Market are much lower than the prices charged at uptown seafood stores. Old Market vendors buy fish of similar quality from the same wholesalers and at the same prices as uptown vendors do. Therefore, since Old Market fish vendors' businesses are as profitable as those uptown, the volume of the Old Market vendors' daily fish sales must, on average, be higher.
Which of the following, if true, most strengthens the argument given?
A. People who buy fish at Old Market stores generally have lower incomes than do those who buy fish from uptown seafood stores.
B. Some varieties of fish that are not available at Old Market stores can be found occasionally at uptown seafood stores.
C. Vendors at the old Market save on energy costs by keeping fish on ice instead of in refrigerated cases.
D. Many of the people who live in uptown Eastville prefer to buy fish from the neighborhood stores.
E. Fish vendors at the Old Market do not, on average, have lower overhead costs than uptown vendors do.
Answer:
The most correct answer is D
Keisha owns a house worth $275,000 with a mortgage of $195,000. She owns a car worth $12,000 and has $7,500 in car loans. She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card. What is Keisha’s net worth?
$88,700
$91,700
$292,700
$496,700
Answer:
$88,700
Explanation:
Given:
Keisha owns a house value $275,000 with a mortgage of $195,000. She owns a car value $12,000 and has $7,500 in car loans.
She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card.
Hence, The net worth of Keisha is $88,700
Answer:
Answer:
$88,700
Explanation:
Given:
Keisha owns a house value $275,000 with a mortgage of $195,000. She owns a car value $12,000 and has $7,500 in car loans.
She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card.
Hence, The net worth of Keisha is $88,700
Explanation:
An employer can refuse to hire you if you refuse a drug screening test or background check.
Answer:yes
Explanation:
Answer:
true
Explanation:
Consider a firm whose shareholders have agreed that, as legal owners of the firm, they wish to have the firm managed in such way as to have the stock price as high as possible. What would be the goal of such an objective?.
The goal of such an objective of increasing stock prices is frequently immediately linked to management's success in creating value.
How can a firm increase its share price?A company's share price is decided by market supply and demand once it becomes public and its shares begin trading on a stock exchange. The price will rise if there is a large demand for its shares.
The long-term impact of a company's business actions is reflected in stock values. Investors might immediately realize capital gains by selling their shares in a company when it maximizes its stock price.
Learn more about share price here:
https://brainly.com/question/14012836
#SPJ1
Suppose that a flower nursery benefits from having a colony of bees located only a few miles away, because the presence of the insects greatly improves flower pollination. Lawyers for the two companies meet to draft a legal document specifying the number of bee hives the farm promises to maintain in exchange for payments to be made by the nursery. Which of the following private solutions resolving the externality of pollination took place in this scenario? Moral codes and social sanctions Contracts Integration of different types of businesses through merger or ac Charities
Contracts bind parties to their stated obligations by utilizing clear language to enable each party to understand its obligations in a deal, particularly in terms of payment and deadlines.
Define a Contract.As it is specified that both parties signed a legal instrument in the presence of attorneys with details on the payment terms, a contract serves as the private solution to the externality of pollination. Contracts bind parties to their stated obligations by utilizing clear language to enable each party to understand its obligations in a deal, particularly in terms of payment and deadlines. Additionally, contracts serve as insurance for both parties in the event that one party breaches an agreement and is subject to legal action.
The Coase theorem, which states that private individuals can only resolve the issues caused by externalities on their own when the interested parties can bargain without cost over the allocation of resources, states that private solutions to externalities sometimes do not work, especially when communications barriers or social customs are important enough relative to the potential gains involved. When this occurs, the private market will assist in addressing the issue of externalities and effectively allocating resources.
To know more about legal contracts, visit:
https://brainly.com/question/3208041
#SPJ1
The additional satisfaction received from consuming an additional unit of a good is called the.
The additional satisfaction received from consuming an additional unit of a good is called Marginal Utility.
Marginal Utility is the benefit or additional satisfaction received by the consumer with each subsequent unit or additional unit of a good or service. Marginal utility is inversely related to the number of units of goods or services he has already consumed. This means that with the consumption of each additional unit add the satisfaction, and hence the marginal utility of the consumer, decreases.
Due to this downward trend, there must come a point where the marginal utility to the consumer becomes zero. This is derived from the concept that the price of foods or services is determined by their utility.
You can learn more about marginal utility at
https://brainly.com/question/15050855
#SPJ4
Tim is 45 years old and is considering enrolling in an insurance program that provides for long-term care insurance: He is curious about whether the insurance premiums are deductible as a medical expense. If so. he wants to know the makimum amount that can be deducted in any year.
Yes, long-term care insurance premiums can be deductible as a medical expense , subject to certain conditions.
The maximum amount that can be deducted in any year depends on the age of the individual and is determined by the IRS. For individuals who are 40 years old or younger, the maximum deductible amount in 2021 is $450. The limit increases as the age of the individual increases. For individuals who are 71 years old or older, the maximum deductible amount in 2021 is $5,640.
Long-term care insurance premiums can be deductible as a medical expense if they meet the criteria set by the IRS. To qualify for the deduction, the insurance must specifically cover long-term care services, including necessary medical, diagnostic, and preventive services, as well as personal care services. Additionally, the deduction is subject to the taxpayer's age-based limits.
The IRS sets the maximum amount that can be deducted for long-term care insurance premiums based on the taxpayer's age. In 2021, individuals who are 40 years old or younger can deduct up to $450 of premiums paid. The deductible amount increases as the taxpayer's age increases. For example, individuals who are 50 years old can deduct up to $1,690, while those who are 60 years old can deduct up to $4,520. The maximum deductible amount is $5,640 for individuals who are 71 years old or older.
It's important to note that these deduction limits are subject to change each year, so it's advisable to consult the latest IRS guidelines or seek assistance from a tax professional for accurate and up-to-date information regarding deductible long-term care insurance premiums.
Learn more about expense here:
https://brainly.com/question/29850561
#SPJ11