Mary, a U.S. citizen, owned 25% of the stock of Floran Corporation, an electing S corporation. At the time of her death, the Floran stock may go to all the following without affecting the S election except
A. a small business trust.
B. a testamentary trust.
C. her estate.
D. a charitable remainder unitrust.
Answer: D
You might also like to view...
All of the following represent issues that need to be considered in sales management EXCEPT
A. What will the business do with the information collected about customers? B. What image will the sales force represent? C. What would be the cost of the final product that is sold to the customers? D. How much information will be collected on each customer?
The ending merchandise inventory for the current accounting period is overstated by $3,500. What will be the effect of this error?
A) The net income for the current accounting period will be overstated by $3,500. B) The cost of goods sold for the current accounting period will be overstated by $3,500. C) The ending merchandise inventory for the next accounting period will be overstated by $3,500. D) The cost of goods sold for the next accounting period will be understated by $3,500.
What is the relationship between the factors that influence perception and changing behavior? Why is it important?
What will be an ideal response?
Patsy is shopping for a used car. She finds a car she likes at Morley Motors. Discuss the standard of conduct the UCC imposes on the parties in performing the sales transaction