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The demand and supply law plays a crucial role in the pricing of these products based on popular demand.

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How large is the total dollars spent in the US on Christmas 2007?

In an investigation that was done in the 2006 holiday season, the average amount of money spent on gifts was about $910. It was estimated that Americans would spend even more money this year in 2007, however, the percent that was estimated dropped about 5%.


What type of economy best fits this description valuable items are transferred from one person to another as gifts?

A gift economy is one in which valuable items are transferred from one person to another as gifts. The ability to give valuable gifts publicly is a symbol of status.


How is a gift to a corporation treated as a gift?

A gift to a corporation is generally treated differently than a gift to an individual. For tax purposes, such contributions are often classified as donations or capital contributions rather than personal gifts. Corporations can receive gifts, but the tax implications depend on the nature of the gift and the relationship between the donor and the corporation. Typically, these gifts do not provide the same tax deductibility benefits for the donor as gifts to individuals or charitable organizations do.


How is a gift to a corporation treated?

A gift to a corporation is typically treated as a non-deductible expense for tax purposes. Unlike gifts to individuals or charities, corporate gifts do not garner tax deductions under the Internal Revenue Code. However, businesses may still treat gifts as ordinary business expenses if they serve a legitimate business purpose, such as fostering client relationships. It's essential for corporations to maintain proper documentation of such gifts for accounting and tax reporting.


What does monetary gifts means?

it means a gift of money from one person to another.

Related Questions

What websites have the best steak gifts for holiday gifts?

Several websites have steak gifts for holiday gifts. These websites include HoffbrauSteaks, KansasCitySteaks, OmahaSteaks, AllenBrothers, and GaryWest.


Where can I find personalized employee holiday gifts that are inexpensive?

The personalized employee holiday gifts which are inexpensive can be found at http://www.motivators.com/Promotional-Gifts.html.


Who sells holiday gifts especially for the Islamic faith?

There are several websites for Islamic holiday gifts. The http://www.onlineislamicstore.com/ is one of the more notable sites.


What are some good ideas for Holiday Gifts?

Good ideas for holiday gifts are anything that you can make. If you can make like a nice candle holder and then you put a great smelling candle in it are some of the best gifts.


What are the 7 gifts that are traditionally associated with the holiday season?

The 7 gifts traditionally associated with the holiday season are love, joy, peace, hope, kindness, generosity, and gratitude.


Where can one find cheap business holiday gifts?

Where cheap business holiday gifts can be bought depends on the type of gift being bought. Electronics and stationary gifts, for example, can be purchased at places like Staples or Office Depot.


Where online can one purchase Christmas holiday gifts?

There are many places online where one can purchase Christmas holiday gifts. Oriental Trading offers a variety of Christmas holiday gifts. From do it yourself gifts to gifts already made. Another place to find Christmas holiday gifts would be on eBay or on Amazon.


What are the release dates for The Suze Orman Show - 2002 Can I Afford It Holiday Gifts?

The Suze Orman Show - 2002 Can I Afford It Holiday Gifts was released on: USA: 20 November 2010


What are the release dates for ONNCast - 2012 CVS Holiday Gifts 1-12?

ONNCast - 2012 CVS Holiday Gifts 1-12 was released on: USA: 10 December 2012


What is the holiday tree for in farmville?

The holiday tree is a collection tree for this coming holiday season. You can put up to 60 gifts inside the tree by asking your friends and then eventually it'll grow bigger and become more beautiful after you fill it with 60 gifts.


Does China give gifts at Christmas?

No, China does not give gifts at Christmas. This is because Christmas Day is not an official holiday in China.


What is the world's favorite holiday?

Well, if you think about it, the world's favorite holiday is Christmas! Christmas is the favorite holiday because people get and send gifts in this time.