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anonymous

  • one year ago

Which of the following describes a situation where you would most likely choose passive income over another type of income?

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  1. anonymous
    • one year ago
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    a. A very successful band wants to record a song you wrote. You can sell the rights to the song or keep the rights and collect a percentage of the price of each compact disk sold. b. You own a home. You can sell it now to make a profit or you can rent it out for a year, giving the renter the option to buy it for the balance owed. c. The stocks you own go up and down in value, but are now up. You can keep the stocks and collect any monthly dividends or sell them for all for profit now. d. Your company offers you two options of how you can be paid. You can be paid an annual salary or an hourly wage.

  2. anonymous
    • one year ago
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    @TheSmartOne

  3. Empty
    • one year ago
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    Any ideas?

  4. anonymous
    • one year ago
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    @Abhisar

  5. anonymous
    • one year ago
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    well the last time i tried it wasnt C

  6. anonymous
    • one year ago
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    @Algorithmic

  7. anonymous
    • one year ago
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    Most likely A, because you never know about royalties.

  8. anonymous
    • one year ago
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    ill give you an award when i find out the answer.

  9. anonymous
    • one year ago
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    I am curious though, do you know what passive income is?

  10. anonymous
    • one year ago
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    The question is quite straightforward. If you know what passive income is, you should be able to answer the question.

  11. anonymous
    • one year ago
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    it means income that is generated by a process in which the individual is not activley involed

  12. anonymous
    • one year ago
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    i wasnt sure what is what asking

  13. anonymous
    • one year ago
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    you were right

  14. anonymous
    • one year ago
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    Yeah, basically royalties.

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spraguer (Moderator)
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