The transfer of an installment obligation in a transaction qualifying under § 351 is a disposition of the obligation that causes gain to be recognized by the transferor
a. True
b. False
Indicate whether the statement is true or false
False
RATIONALE: Gain would not be recognized since an installment obligation is property under § 351.
You might also like to view...
Avon, the world's leading direct seller of beauty products, has a(n) ________ statement, which is "to be the company that best understands and satisfies the product, service, and self-fulfillment needs of women globally."
A. vision B. intention C. goal D. mission E. rationale
Fresher Inc. is a whole-foods distributor. Its human resource department gathers the following data for computing compa-ratios of some positions. Based on the data, for which position is Fresher Inc. most likely underpaying for human resources?
A. inventory clerks: average salary of $20,000, range midpoint of $30,000 B. purchasing agents: average salary of $30,000, range midpoint of $25,000 C. order packers: average salary of $24,000, range midpoint of $22,000 D. shipping clerks: average salary of $22,000, range midpoint of $24,000 E. warehouse workers: average salary of $20,000, range midpoint of $20,000
I am really not interested in interacting with my staff nor do I put much emphasis at all on how the team performs. I am using ______.
A. authority compliance leadership B. team leadership C. impoverished leadership D. pseudotransformational leadership
Increasing ________ involves improving an organization's ability to respond to customers, stockholders, governments, employees, and other stakeholders, which results in better-quality products, higher financial returns, and high quality of work life.
A. organizational effectiveness B. management myopia C. micromanagement D. organizational bureaucracy E. groupthink