Which of the following statements is correct in connection with the investigation of a business? a. regardless of whether the taxpayer is already engaged in the trade or business, the expenses must be capitalized and amortized. b. if the taxpayer is not already engaged in the trade or business, the expenses incurred are deductible if the project is abandoned. c. that business must be related to the taxpayer's present business for any expense ever to be deductible. d. expenses may be deducted immediately by a taxpayer engaged in a similar trade or business regardless of whether the business being investigated is acquired. e. none of these choices are correct.

c. That business must be related to the taxpayer's present business for any expense ever to be deductible.

Explanation:

If the business is acquired, the expenses may be deducted immediately by a taxpayer engaged in a similar trade or business. The expenses may be deducted regardless of whether the business being investigated is acquired.

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy