Women and their partners most often abandon
their illegitimate babies to escape punishment and imprisonment.
A "liquidated damages clause addressing potential failure to complete or project abandonment by the contractor"--This requires that the owner's contract include language such as: "The contractor acknowledges that the owner will suffer damages if the contractor either (1) fails to complete the project within the specified time noted in the schedule, or (2) abandons
the project or its work prior to substantial or final completion.
When a company abandons
a mine site but stays in business, lawsuits can be brought by government agencies, individuals, and nonprofit groups to remediate the environmental damage.
41) If the taxpayer subsequently abandons
the project, the preliminary capitalized expenditures may then be deducted as a loss under section 165.
the pup and swims off to safer waters.
If the taxpayer abandons
a contract that is capital in nature to enter into another capital contract, the costs will not relate to an abandonment and thus qualify as a deductible loss.
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Example 1: S abandons
her interest in the XYZ partnership at a time when her basis is $20,000 and she has no share of partnership liabilities under Sec.