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.
According to sociologists, a society is a group of people with common territory, interaction, and culture. Social groups consist of two or more people who interact and identify with one another. 1  Territory: Most countries have formal boundaries and territory that the world recognizes as theirs.2  However, a societyâs boundaries donât have to be geopolitical borders, such as the one between the United States and Canada.ocial groups consist of two or more people who interact and identify with one another. 1  Territory: Most countries have formal boundaries and territory that the world recognizes as theirs. 2  However, a societyâs boundaries donât have to be geopolitical borders, such as the one between the United States and Canada.