Which of the following is an example of a business purpose as dominant motive? Darren is a full-time plumber and a part-time Amway salesman. He is taking his family to I. II. Disney World and plans to take his Amway products with him so that he may deduct most of his cost of the trip. Larry is a full-time plumber. He is taking his family with him to a convention in Orlando featuring the latest in plumbing products and techniques. He plans to deduct most of his cost of the trip.
A) Only statement I is correct.
B) Only statement II is correct.
C) Both statements are correct.
D) Neither statement is correct.

Question

Quizplus · Accepted Answer

Larry's trip to a plumbing convention is directly related to his full-time business as a plumber, making it a legitimate business purpose.

Which of the Following Is an Example of a Business