Answer:
$0
Explanation:
The basis for a Section 351 transfer = fair market value of the property - assumed liabilities = $80,000 - $75,000 = $5,000
Since Buster controls Bronco Corporation (he owns 100%) and he exchanged the property for common stock, no gain or loss should be recognized, neither by Buster or the corporation. All that must be recognized is the new basis for the asset ($5,000).
Answer:
$0
Explanation:
Answer: (A) Corporation
Explanation:
According to the given question, school is collaborating with one of the publishing firm and the we considered the publishing company as s school's corporation partner.
Corporation is the term which is refers to the legal type of entity where the shareholders manage all the operation and function of the company.
The importance of the corporation partnership is that it is basically providing the various types of benefits and also the common values and the goals in an organization.
Therefore, Option (A) is correct answer.
b. Competition d. Government Regulation
The correct option for the following which is NOT a part of the free enterprise system is D. Government Regulation
A free enterprisesystem is the freedom of people and companies to law. It permits people and businesses to create, produce, are capable and inclined, enterprising people produce items and offerings for produce and sell goods and offerings. on this gadget, no person forces human beings they trust to be excellent for them.
Conclusion: consumer preferences and spending conduct are the main drivers of business choices, now not authorities rules and intervention. Your selection to open a coffee store, begin a web business, or pick out to emerge as a health practitioner are all examples of an unfastened organization device at work.
Learn more about the free enterprisesystem here brainly.com/question/3369578
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Answer:
Kim Ping and Abdel will have trouble when it comes to equality in a joint venture. There is always one partner who earns more than the other.
Kim Ping and Abdel will face "conflict of interest." Every individual has his own purpose in making a profit.
Explanation:
"Join venture" refers to the merging of two parties, including their resources, in order to accomplish a project or start a new business. This means that the company profits and losses will be shared by both parties.
However, it is said that "there is no such things as equal partners." There is always a chance that one party will earn more than the other, or the other party will contribute more than the other.
There is also a possibility of "conflict of interest" in such situation. Every partner has his own beliefs and style of running a business. This will cause a conflicting interest in both parties.
These are the possible problems that Kim Ping and Abdel might encounter.
Answer: Rules of etiquette are in place to help people in social situations deal with each other appropriately. Etiquette helps us to show respect, to be accepted by the larger group and to show good manners.
Explanation:E22