One reason, of course, is just human curiosity. Another reason is that they need. to know what caused the accident in order to prevent similar occurences in the. future. A third reason is money. Wire rope failures are often associated with. expensive damage, and someone will have to pay the bill.
The purpose of a PPE is to prevent injury and death related to sports participation, and to meet potential legal requirements. The PPE is intended, not to diagnose or manage medical conditions, but
DEFINITION of 'Material Participation Test'. A set of criteria that determines whether a taxpayer is a material participant in a business venture. The material participation test will determine whether business income received by the taxpayer is active or passive. According to the IRS, if the taxpayer participates in a business activity on a regular, continuous and substantial basis, then the taxpayer materially participates in the business.