The gain reported in 2022 is (0.5880) x ($5,000 + $10,000) = $8,826.
To calculate the total contract price, total gain on the sale, and the amount of gain reported in 2022 using the installment sales method, we need to consider the different components of the transaction.
Total Contract Price:
The total contract price is the sum of the down payment, the balance payable in installments, and the assumed mortgage. In this case, the down payment is $5,000, the balance payable in installments over eight years is $10,000 per year for eight years (8 x $10,000 = $80,000), and the assumed mortgage is $15,000. Therefore, the total contract price is:
$5,000 + $80,000 + $15,000 = $100,000.
Total Gain on the Sale:
The total gain on the sale is calculated by subtracting the basis in the property and the selling expenses from the total contract price. The basis is $40,000, and the selling expenses are $1,200. Hence, the total gain on the sale is:
$100,000 - $40,000 - $1,200 = $58,800.
Gain Reported in 2022:
To determine the gain reported in 2022, we need to calculate the gross profit percentage. The gross profit percentage is the total gain on the sale divided by the total contract price. In this case, the gross profit percentage is:
($58,800 / $100,000) ≈ 0.5880.
Next, we multiply the gross profit percentage by the amount received in 2022, which includes the down payment and the principal portion of the installment payment received in that year. The down payment received in 2022 is $5,000, and the principal portion of the installment payment is $10,000. Therefore, the gain reported in 2022 is:
(0.5880) x ($5,000 + $10,000) = $8,826.
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Use the information in Exhibit 64 to answer the following question. Given the sector information in Exhibit 64, what could be concluded about the business strategy of Company D in 2011 and 2012
Company D was able to gain market share by targeting a niche market with a new product.
A niche market is a section of a bigger market that may be defined by means of its own particular desires, options, or identification that makes it distinct from the market at huge. As an example, in the marketplace for ladies' footwear are many different segments or niches.
A spot marketplace is the subset of the marketplace on which a specific product is focused. The marketplace area of interest defines the product features aimed at pleasing specific market desires, in addition to the fee range, production great, and the demographics that it's far supposed to goal. it's also a small market section.
An eCommerce niche is a distinct section inside any given marketplace and is frequently an area that is neglected by other agencies. Examples of niches include handmade objects, puppy meals or puppy owners, latest t-shirts, products, beauty products, devices, or other trending products.
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To become and remain more creative, marketing professionals should establish greater numbers of ______ in their thought-life.
To become and remain more creative, marketing professionals should establish greater numbers of intersections in their thought-life.
What do marketers do professionally?Marketing specialists define the methods and tactics applied to draw clients to a company. They assist a company to maximize earnings, increase market share, and set pricing based on supply and demand for the product. They also offer advice on developing new products and analyzing industry trends.
What abilities are required to work in marketing?
Professionals with experience in a range of marketing strategies and venues should be drawn to marketing job descriptions. They should be able to interpret the data that supports a specific marketing plan, have an eye for branding, and comprehend consumer behavior naturally.
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A company's ______ is the part of a corporate strategy that addresses how to gain and sustain a competitive advantage when competing against other foreign and domestic companies around the world.
A company's global strategy is part of a corporate strategy that addresses how to gain and sustain a competitive advantage when competing against other foreign and domestic companies around the world. This is further explained below.
What is global strategy?Generally, A corporation develops a worldwide strategy in order to enter the international market.
In conclusion, The component of a company's corporate strategy known as its global strategy deals with how to obtain and maintain a competitive advantage when going up against other domestic and international businesses on a global scale.
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1) Write an SQL statement for the HAPPY INSURANCE database that adds the column ClientPhone to the table CLIENT.
An SQL statement for the HAPPY INSURANCE database that adds the column ClientPhone to the table CLIENT is:
ALTER TABLE dbo.CLIENT
ADD ClientPhone
What is SQL?This refers to the use of databases to perform computations such as UPDATE, ADD, ALTER TABLE, etc.
Hence, the use of Structured Query Language would help to add to a database and this would be done using the ALTER TABLES function as shown above.
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The investment that toyota makes in uber is an investment in which part of toyota's value-chain activities?
a. Primary activities
b. Information systems
c. Support activities
The answer is the information system.
An information system is the formal, a sociotechnical, organizational structure meant to collect, process, store, and transmit information (IS).
When a corporation employs computers to do activities, tasks are completed in less time. They are also more accurate and less prone to human errors. Data can be processed and put into many data tables at the same time. Computers may also simply create reports and assertions. As a result, fewer individuals are required to complete the majority of the duties, which may result in job termination.
Therefore, the answer is information system.
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Does increasing average payment period decrease operating cycle
Yes , the increasing average payment period decreases the operating cycle
All small business owners know the importance of liquidity-have enough cash on hand to pay the bills. For this reason, business owners and managers monitor the cash conversion cycle. This shows how quickly companies are moving from paying inventory to receiving cash for sold inventory. An important factor in calculating a company's cash conversion cycle is the accounts payable period. The longer the period, the shorter the cycle.
The cash conversion cycle can be calculated using the data readily available on the company's balance sheet and income statement. It has three components. "Inventory days". On average, it indicates how long a product remains in stock before it is sold. "Accounts receivable days" or A / R days. This shows how long it takes a customer to pay an invoice. "Vendor date" or A / P date.
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For a report to focus on the needs of typical business readers today, it needs to be trustworthy, contain decision-related information, and:
For a report to focus on the needs of typical business readers today, it needs to be trustworthy, contains decision-related information, and make it easy for readers to get the point quickly.
A report must be trustworthy, contain pertinent information, and make it simple for readers to rapidly comprehend the information they wish to deliver in order to satisfy the expectations of business readers.
This can be achieved by using straightforward yet precise terminology. This is necessary because readers need to be able to make decisions based on the reports' clarity.
Always leave your audience wanting to read more of what you've written. In keeping with that, don't go on and expect people to care they won't.
Creating interesting content is not always welcomed. It might aggravate, frustrate, or even irritate your readers. Whatever you do, don't back down, and don't be afraid of your readership.
It's good if your writing touches a nerve and you receive a lot of feedback. Whether or not your readers enjoy what you've done, it is interesting.
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Answer:make it easy for readers to get the point quickly.
Explanation:
An advantage of the corporate form of business is that limited liability allows it to?
The most essential advantage of incorporation is the restricted responsibility to which shareholders are subject: they are not liable for the corporation's obligations, and they may lose no more than the amount they personally put in the firm.
A company is the legal entity that exists apart from its owners. Corporations have many of same legal rights and obligations as people. They can make contracts, lend and borrow the money, sue and be sued, hire the people, own the assets, and pay the taxes.
Therefore, the answer is that it restricts responsibilities of the shareholders which does not make them liable for the corporations obligation.
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If a building has 18,000 square feet of useable space and 2,000 square feet of common area, the rentable/useable factor would be:______
If a building has 18,000 square feet of useable space and 2,000 square feet of common area, the rentable/useable factor would be 1.111 The amount of a commercial property that the tenant can actually use is measured in "usable square feet," or USF.
The common parts of the buildings, such as the foyers, corridors, stairwells, and public restrooms, are excluded. The USF, however, comprises everything that is enclosed inside the borders of the floor, excluding elevators and staircases, in the instance of tenants who have leased the full level for commercial uses.
The USF of the tenant for a partial floor lease encompasses everything that is particular to their portion of the property. USF is regarded as a significant component since it aids in determining the precise space that the tenant has available for business needs.
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Is the end-to-end process of managing a supplier through the entire sourcing life cycle?
The answer is the Supplier Relationship Management.
Supplier relationship management (SRM is a methodical way to analyzing suppliers that supply an organization with goods, materials, and services, establishing each supplier's contribution to success, and devising plans to enhance their performance.
The SRM discipline aids in determining the value that each supplier delivers and which ones are most important to company continuity and performance. It also helps managers to establish stronger connections with suppliers depending on the significance of each source.
Therefore, the answer is supplier relationship management.
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Which of the following is the basic difficulty of owning a minority interest in a closely held corporation? Group of answer choices Minority shareholders risk losing more than their investment amount. Stockholders with a minority interest have no rights in a closely held corporation. Buy and sell agreements to own a minority interest are not allowed in a closely held corporation. Minority shareholders have unlimited personal liability for the obligations of a closely held corporation. There is no ready market for the minority stock should a shareholder desire to dispose of it.
The basic difficulty of owning a minority interest in a closely held corporation is there is no ready market for the minority stock should a shareholder desire to dispose of it.
A stake in a business that is managed by a bigger parent corporation is known as a minority interest.
Minority stakes typically make up 20 to 30 percent of the company's stock, whereas majority stakes typically exceed 50 percent.
In addition to serving as a synonym for minority interest, the word "non-controlling interest" also refers to circumstances in which a controlling entity may not have majority ownership.
Minority stakes in parent businesses' subsidiaries are disclosed in the equity part of their consolidated balance sheet.
Minority interests do have some rights, such as audit rights, despite the fact that they cannot outvote the main business.
Hence, there is no ready market for the minority stock should a shareholder desire to dispose of it is the basic difficulty of owning a minority interest in a closely held corporation.
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Undercapitalization refers to the problem of: Group of answer choices insufficient funds to operate a business normally. inadequate control of expenses. inappropriate cash flows. undervalued capital stock.
Insufficient funds to operate a business normally.
Undercapitalization refers to the problem of insufficient funds to operate a business normally.
What is undercapitalization?
When a business lacks the money necessary to carry out routine operations and make creditor payments, undercapitalization occurs. This may happen if a company's cash flow is insufficient or if it is unable to obtain financing through debt or equity.
Additionally, undercapitalized businesses are more likely to favor high-cost capital sources like short-term loans over low-cost alternatives like equity or long-term debt. Investors should exercise caution if a company is undercapitalized since the likelihood of bankruptcy rises when a company is unable to pay its debts in full.
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When selling new securities, corporations must release all information regarding the investment in a document known as a(n) _____.
When a corporation is selling new securities, then they will have to release all information in a prospectus.
What is a prospectus?An investment prospectus is a legal requirement when new shares are to be sold in the market.
The prospectus will have things such as the details of the company and any other thing that would influence the buying decision.
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Norma Rose is buying shares in a mutual fund that invests in foreign stocks sold in securities markets throughout the world, excluding the United States. What type of mutual fund is she buying
Norma Rose is buying shares in a mutual fund that invests in foreign stocks sold in securities markets throughout the world, excluding the United States. The mutual fund is buying are "International fund".
What are International funds?A mutual fund that can invest in businesses anywhere in the globe, not just in the nation where its investors live, is known as an international fund.
Some characteristics of the international funds are-
Global funds, which can invest in businesses from any country in the world, are different from international funds. Foreign funds and international funds are two synonyms for each other.Geographic portfolio diversification is the main advantage of investing in foreign mutual funds. Foreign market investing aids in the recovery from the current local market crisis. Global markets have a larger likelihood of long-term growth.Emerging markets, new economies, or speciality growth industries in international markets, like diamonds and tourism, are a few examples. Due to the booming emerging markets and as a hedge against the decline in the value of the dollar, international funds have fared well over the past 20 years.Thus, International funds invest in non-U.S. markets, while global funds can hold both U.S. and non-U.S. companies in their portfolios.
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At Delta Corp. the manufacturing and design department frequently consults with the research and development department and the marketing and sales department regularly interacts with the manufacturing and design department. This scenario illustrates _____ at Delta.
At Delta Corp. the manufacturing and design department frequently consults with the research and development department and the marketing and sales department regularly interacts with the manufacturing and design department. This scenario illustrates coordination at Delta.
Why coordination is important function of management?
The role of management in coordination is to make sure that various groups and departments operate in unison. As a result, all of the departments, groups, and employees act in unison. Additionally, it promotes harmony in the execution of various tasks and activities to effectively meet the organization's goals.
What is the importance of coordinating with other departments?
Since coordination combines the organization's material and human resources, it helps to prevent employees from working on unrelated projects at the same time. Because there is less resource wastage, the company can use its resources more effectively.
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Which statement supports the idea that good marketing is not an easy task? Multiple choice question. The promotion of new products is being handled by the developers of the product and not the marketing team. The number of new products that enter the marketplace each year is relatively small. Thousands of new products fail in the marketplace each year.
The idea that good marketing is not an easy task : Thousands of new products fail in the marketplace each year.
What is Marketing Objectives?The marketing objective for the introduction stage of the product life cycle is to create consumer awareness and encourage the first purchase of the new product.
Marketing Objectives includes:
These are the goals that a business is trying to achieve through its marketing.Marketing objectives are often more effective if they have a target and a time limit. For example, a marketing objective might be to increase market share by 10% in the next three years.Marketing objectives are actionable targets designed to provide not just overall direction, but clear and specific actions. They are specific, measurable, attainable, relevant, and time-based (These are often called SMART goals )
Therefore, we can conclude that the correct option is : The idea that good marketing is not an easy task Thousands of new products fail in the marketplace each year.
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hussain after doing his graduation has decided to run a retail shop as a source of livelihood. ii. He procures the goods from the wholesalers according to the consumer's demand and maintains a regular supply of goods to his customers. [5] TGIS-Raipur 4 / 5 iii. Customers are well satisfied with his services due to which his sales turnover is very high and he is earning a good return on his capital employed. iv. Seeing his Successful business, two other retailers have also opened their shops in the same area giving him tough competition reducing his market share and margin of profits. But Rohit knows, in spite of his best efforts put into the business, there is always the possibility of inadequate profits or losses. a. Identify the economic activity Rohit is engaged in. b. Enlist the features of identified economic activity with reference to the underlined words in each sentence given above.
A) Business is an economic activity.
B) features are profit earning- as it is essential for survival growth and expansion of business
Dealings in goods and services on a regular basis - and not merely one single transaction of sale or purchase.
The four major economic activities are resource management, production of goods and services, distribution of goods and services, and consumption of goods and services.
Agriculture, fisheries, mining, and forestry. Manufacture of finished products. Manufacture of technology, consumer goods, furniture, vehicles, and clothing. The provision of intangibles is commonly referred to as a service.
Economic activity is the activity by which people provide, produce, purchase or sell goods and services to meet their daily needs. Economic activity includes all activities related to the manufacture, sale, or use of products or services.
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The three steps in the financial planning process are to forecast the firm's short- and long-term needs, develop budgets, and ______.
Answer: establish financial controls
Explanation:
The three steps in the financial planning process are to forecast the firm's short- and long-term needs, develop budgets, and establish financial controls.
What is Financial Planning?A financial plan is a detailed review of an individual's present pay and future financial situation that predicts future income, asset values, and outflow plans using current known factors.
The job of calculating how a corporation will afford to fulfill its strategic goals and objectives is known as financial planning. Typically, a corporation develops a Financial Plan shortly after establishing its vision and objectives.
The financial planning process involves assessing your net worth and risk profile, establishing short to long-term financial objectives, and adjusting those goals as needed. It also includes techniques for retiring without worrying about finances and protecting your family's future.
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Persons who have not been approved to enter restricted laboratory areas must be accompanied by an ___________ to enter such an area.
Persons who have not been approved to enter restricted laboratory areas must be accompanied by an higher authoritative person to enter such an area.
People who are not allowed and approved to enter restricted laboratory areas must be accompanied by an higher authoritative person because the laboratories contain hazardous substances that can pose a serious danger to public health if handled by untrained personnel.
In addition, laboratories contain expensive instruments and equipment that must be protected from unauthorized use, vandalism, and theft.
Hence, it is necessary to take security precautions to prevent unauthorized individuals from gaining access to laboratory materials and equipment.
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During which stage of team development do team members establish ground rules and try to find out what behaviors are acceptable and what performance expectations are?
The stage of team development that team members establish ground rules and try to find out what behaviors are acceptable and what performance expectations are: Forming stage.
What is forming stage?Forming stage can be defined as the stage were members of a team or team members come together in one accord so as to know each other.
This forming stage is an important stage as it enables team members to establish a ground principle, rules and regulation that is expected of the team members to follow or abide by.
The forming stage enables member of a team to find out the behavior that are acceptable and unacceptable behaviors including their performance expectations.
Therefore The stage of team development that team members establish ground rules and try to find out what behaviors are acceptable and what performance expectations are: Forming stage.
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When there are many buyers and sellers, no significant barriers to entry, and a differentiated product, the market structure is called
The market structure where there are many buyers and sellers, no significant barriers to entry, and a differentiated product is a monopolistic competition.
What is a monopolistic competition?
A monopolistic competition is when there are many buyers and sellers of differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. A firm in a monopolistic industry sets the price for its goods and services.
An example of monopolistic competition are restaurants.
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In 1909, the fda seized some coca-cola syrup and filed charges against the company partly because:_______
In 1909, the FDA seized some coca- cola syrup and filed charges against the company partly because the syrup contained caffeine.
In the evening of Oct. 20, 1909, U.S. government agents had set up a stakeout at the Tennessee state line. They were waiting there and watching for a truck that was coming from the Coca-Cola plant in Atlanta. That truck was on its way to the bottling plant in Cha ttanooga. When the truck arrived agents intercepted the truck and seized its cargo which contained 40 barrels and 20 kegs of Coca-Cola syrup.
The seizure was made under Pure Food and Drug Act which was passed recently . After this the government charged the company with crime of marketing and selling a beverage which was injurious to health of people because it contained a harmful ingredient named as caffeine.
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To identify the best cost driver for a particular allocation consideration should be given to:_______
a) the strength of a cause and effect relationship
b) the availability of information
c) the capacity to control the allocation base
d) All of the choices Wentify factors that affect the selection of the allocation base
Answer:
c
Explanation:
Associations between land cover categories, gaseous PAH levels in ambient air and endocrine signaling predicted from gut bacterial metagenome of the elderly
A study by Vari, et al., (2021) reveals that there was an associations between land cover, gaseous PAHs and that of gut functional microbiome.
What was the study about?The study of Vari, et al., (2021) was one done so that they can evaluate the effect or the consequences of ambient air PAH pollution when it is seen along an urban-rural gradient.
The study was said to have found some measures of associations between land cover, gaseous PAHs and gut functional microbiome.
It reveals that the PAH levels in air were said to be of a high rate in active farms and was seen to be of low rate when seen next to broad-leaved forests.
It shows that Functional orthologs for endocrine signaling went up along with broad-leaved forest cover and thus the use of air purification by forests can be able to help to ease the endocrine disruption power of PAHs.
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Amelia writes a check to barry on her account at community savings bank. The bank dishonors the check even though amelia has sufficient funds in her account. The bank is?
The bank is liable to amelia to answer what went wrong and the cheque got dishonoured.
Dishonour of cheque means a situation where the payer draws a cheque and the payee bank refuse to accept the cheque .
A cheque can get dishonoured in the following cases:
1) Mistakes or correction while presenting the cheque.
2) Name of the account holders doesn't match
3) Its upon the bank services that server faces issue
4) Unavailability of sufficient funds.
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Transfer payments include:____.
i. social security benefits
ii. medicare and medicaid benefits
iii. unemployment benefits
Transfer payments include iii. unemployment benefits.
Switch bills are, however, protected in authority contemporary costs and overall government prices, which can be used for budgeting functions.
The three principal varieties of switch prices at the federal degree are social coverage programs, welfare, and commercial enterprise subsidies.
Price for which the authorities get neither goods nor offerings in return. utilization: A switch prices are goods or services supplied to its citizens like Social security, welfare, unemployment compensation, and resource for people with disabilities.
A transfer payment is a one-way fee to a person or employer who has given or exchanged no items or offerings for it. This contrasts with an easy "charge," which in economics refers to a transfer of money in trade for services or products.
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Which step in the process of identifying a sustainable competitive advantage involves evaluating the competitiveness of unique resources and capabilities
Resource and Capability Analysis is the process of identifying a sustainable competitive advantage that involves evaluating the competitiveness of unique resources and capabilities.
What exactly do resources and capabilities mean?Resources and capabilities are the main drivers of profitability for every business and the sources of competitive advantage. A company's ability to compete and move the business forward with its products and offers for the needs of customers is empowered by its resources and capabilities.
In business, resources and organizational competencies are crucial. They are comprehensible as:
A) There are several types of resources:
1. Physical
2. Irreducible
3. Personnel Resources
B) Organizational capabilities: These include organizational culture, processes, and routines. Finding key skills or capabilities can help determine what adds the most value to the client and which market groups to pursue. A company must evaluate which assets and skills are most critical to granting the company a long-term competitive advantage.
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Skeletal muscle fibers are very unusual because they may be . have intercalated discs (gap junctions) devoid of striations and spindle-shaped with a single nucleus a foot or more in length, and each cell contains hundreds of nuclei subject to the activity of pacemaker cells, which establish contraction rate capable of division, unlike smooth muscle cells
Skeletal muscle fibers are very unusual because they may be: B. a foot or more in length, and each cell contains hundreds of nuclei.
What is a skeletal muscle?Skeletal muscle is also referred to as voluntary muscle and it can be defined as a type of muscle that's connected with the skeleton by tendons, so as to form a mechanical system that enables the movement of the limbs and other body parts with respect to another.
Generally, skeletal muscle fibers are considered to be very unusual because they may be a foot or more in terms of length, and each cell typically contains hundreds of nuclei.
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A visual representation of a game showing all possible strategies for each player and all potential outcomes and payoffs
A visual representation of a game showing all possible strategies for each player and all potential outcomes and payoffs is known as payoff matrix.
What is a game?This refers to bodily exercise, usually undertaken for entertainment or fun, which includes soccer, table tennis etc. Games are essential ways that humans interact and learn.
Game has fixed rules that must be followed, in order to win against the opponent. They provide so many benefits for people of all interests and abilities
It is also important to note that games make people fit and active hence teaches cooperation and discipline.
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Compare and contrast the differences between liberal ideology, conservative ideology and libertarian ideology in regards to governmental regulation of the marketplace.
Conservative ideology Conservatives used to believe that government should always be small, operating generally at the local or state level. They favor the minimal government interference in the economy . They only prefer private sector-based solutions to problems.
Liberal ideology: Liberals used to believe that government should always intervene in the economy and provide a huge range of social services to ensure equality and well being across the society. Liberals generally believe that the government should not regulate private or social behaviors.
Libertarian ideology: Libertarian intentions of the founders are that they favor only the limited government intervention in personal, social, and economic issues.
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