Severs Corporation employs Susan as its legal counsel.Her annual compensation from Severs Corporation is $100,000.Severs Corporation is experiencing financial problems,and Susan lends the corporation $50,000 in 2008 in an attempt to help it through its financial difficulties.Severs Corporation subsequently declares bankruptcy,and in 2010 Susan and the other creditors receive 10 cents on each dollar they are owed.What is the amount and character of Susan's loss?

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The Answer of Severs Corporation employs Susan as its legal counsel.Her annual compensation from Severs Corporation is $100,000.Severs Corporation is experiencing financial problems,and Susan lends the corporation $50,000 in 2008 in an attempt to help it through its financial difficulties.Severs Corporation subsequently declares bankruptcy,and in 2010 Susan and the other creditors receive 10 cents on each dollar they are owed.What is the amount and character of Susan's loss?

Severs Corporation Employs Susan as Its Legal Counsel