If you pay a premium to buy a bond, the premium is part of your basis in the bond. If the bond yields taxable interest, you can choose to amortize the premium. This generally means that each year, over the life of the bond, you use a part of the premium to reduce the amount of interest includible in your income.
(Original post by darryladie) Consensus in society is about how social order is maintained. From a consensus perspective everyone agrees on social norms and values and people work together to maintain society.Look at: Parsons, Durkheim Conflict theories work on the basis of disagreement or control.rom a consensus perspective everyone agrees on social norms and values and people work together to maintain society. Look at: Parsons, Durkheim Conflict theories work on the basis of disagreement or control.
a diverse society is a society in which there are different kinds of people. example=blacks whites asians Mexicans and Jews. these are different races which is diversity. The concept of diversity encompasses acceptance and respect. It means understanding that each individual is unique.