There are different degrees to which products or services can be defined as substitutes. A perfect substitute is a product or service that can be used in the exact same way as the good or service it replaces. This is where the utility of the product or service the exact same.
Medicine Pouches Activity. This Activity is meant for Cub Scouts. Medicine pouches made from leather and used by Indians to store meaningful items they had collected during their life. The pouch was hung around the neck or off the belt and would be decorated individually. Stories are more fun when there is a totem handed out that symbolizes the story.
A passive activity is any activity involving a trade or business in which the. taxpayer does not materially participate. Material participation is defined as regular continuous and substantial. activity rendered on behalf of the trade or business. Real Estate and rental. activities are generally, per-se, passive.