Ted King's basis for his interest in the Troy Partnership is $24,000. In complete liquidation of his interest, King receives cash of $4,000 and real property (not a Sec. 751 asset) having an FMV of $40,000. Troy's adjusted basis for this realty is $15,000. Section 736 does not apply. King's basis for this realty is
A) $15,000.
B) $20,000.
C) $36,000.
D) $40,000.
B) $20,000.
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Registration by coordination:
A. allows the issuer to file the 1933 Act registration statement with the state securities administrator. B. is concerned primarily with public distributions of securities. C. is prohibited by both the 1933 and 1934 Acts. D. increases the issuer's expense of complying with state laws when making an interstate offering.
Setting prices below cost, threatening to cut off business with suppliers, and discouraging the purchase of a competitor's products are all examples of ________
A) oligopolistic competition B) social costs C) predatory competition D) acquisitions E) cultural pollution
Answer the following statements true (T) or false (F)
The media generally report employment issues from the perspective of a typical worker, as opposed to the consumer or business leader's perspective. The number of strikes in the U.S. is actually much higher than typically portrayed by the media. Media portrayals of unions refute stereotypes that unions are corrupt, motivated by greed, and protect mostly unproductive and poor employees. The "labor problem" can be defined as undesirable outcomes created out of an employment relationship which is inequitable, contentious, and exploitive. The "labor problem" is characterized by long hours, low wages, unsafe working conditions and job insecurity stemming from management's ability to exploit and oppress workers.
Open market operations occur when _____.
A. municipal authorities bring out policies that provide better social security benefits. B. the government improves the infrastructure of the economy to attract foreign investors. C. the Federal Reserve buys or sells Treasury securities to expand or contract the U.S. money supply. D. private companies establish agencies to trade their stocks in the market. E. the public establishes a non-profit entity to trade in the market on behalf of the community.