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If you are pro se trying to settle on a OT Wage claim why would the opposing counsel demand to hold 35 to 40 percent in withholdings let alone a 25 percent wh on just fed taxes is this a trick?
Wiki User
∙ 14y ago
Just because he is "demanding" it doesn't mean the arbitrator or judge will grant his request. He may be trying to convince you that it may not be monetarily worth your while to pursue the case aainst his client. Nonetheless - if you win the case - even if the money is withheld - if it is in excess of the tax requirements, you can file an amended tax return and receive it as a refund from the government.
Wiki User
∙ 14y ago
The opposing counsel may be requesting the withholdings as a way to ensure that any settlement reached covers any potential tax obligations or other deductions. It is not necessarily a trick but a common practice to manage liabilities associated with settlements. However, you may negotiate with them to lower the percentage or discuss alternative arrangements.
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Is demand for rolex watches is an exception to the law of demand?
Yes, the demand for Rolex watches may not follow the traditional law of demand due to factors like exclusivity, brand prestige, and status symbol associated with owning a Rolex. Therefore, the demand for Rolex watches can sometimes increase even if the price goes up, as the product is perceived as a luxury good rather than a necessity.
Do you capitalize demand letter?
Yes, the words "Demand Letter" should be capitalized when referring to it as a specific type of legal document.
Which statement best best describes the law of demand best?
The law of demand states that as the price of a good or service decreases, the quantity demanded by consumers increases, and vice versa. In other words, there is an inverse relationship between price and quantity demanded - when the price goes down, people buy more, and when the price goes up, people buy less.
What are the assumptions of law of demand?
The law of demand assumes that all other factors influencing demand remain constant, such as consumer preferences, prices of related goods, income levels, and expectations. It also assumes that consumers are rational in their decision-making, seeking to maximize their satisfaction or utility. Additionally, the law of demand assumes a downward sloping demand curve, where as price decreases, quantity demanded increases.
List the rights of the accused in Missouri?
In Missouri, the rights of the accused include the right to remain silent, the right to legal representation, the right to a fair and public trial, the right to confront witnesses against them, and the right to be presumed innocent until proven guilty.
When a price of a good increased by 2 percent the quantity demanded decreased by 10 percent What is the price elasticity of demand?
Price elasticity of demand= percentage change in demand/percentage cgange in price 2 = % chnge in demand/10 % change in demand= 2*10 % change in demand= 20%
When the percent change in price is equal to the percent change in quantity demanded demand is said to be what?
in equilibrium
When the percent change in price is equal to the percent change in quantity demanded then demand is said to be?
When the percentage change in price is equal to the percentage change in quantity demanded then demand is said to be unit elastic. There are 3 kinds of price elasticity of demand.
Renewable energy is what percent of US energy demand?
10.5%
What is demand said to be when the percent change in price is equal to the percent change in quantity demanded?
Unit elastic
When the percent change in price is greater than the percent change in quantity demanded demand is said to?
Elastic
What is the meaning of electrical After Diversity Maximum Demand?
The maximum demand with regards to diversity is when an electrical device is running at its maximum capability. The diversity number is typically a percentage, so if a device is running at 80 percent diversity, it is running on maximum demand 80 percent of the time.
When can a commodity be completely inelastic?
Never. According to every economics textbook in existence, an "elastic" commodity is one where a one-percent price delta causes at least a one-percent demand delta. An "inelastic" commodity is one where a one-percent price delta causes less than a one-percent demand delta, and a "completely inelastic" commodity is one where demand doesn't change regardless of price changes. Here's reality: there is not one product in this world that you can increase the price of and not cause demand to fall.
What is the most likely result when the price of a good with elastic demand is raised by 10 percent?
quanity sold will increase by 10 percent
What is most likely result when the price of a good with elastic demand is raised by 10 percent?
quanity sold will increase by 10 percent
What is the percent of growth for ocean engineering?
The demand for ocean engineers is increasing, and will continue to increase.
What is the percent of demand in Ontario for an art teacher?
LoW proboly like 5 - 10
