India is the world's fastest growing cell phone market with the industry expanding at a rate of 50% annually with 5 million new subscribers added every month. This is an indication of continued private-sector growth

Indicate whether the statement is true or false


FALSE

Business

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When the charitable contributions of a firm are tied directly to the customer revenues produced through the promotion of one of its products, this marketing practice is referred to as

A. relationship marketing. B. marketing allegiance. C. marketing philanthropy. D. cause marketing. E. transactional marketing.

Business

A corporation has perpetual life, until one of its shareholder dies

Indicate whether the statement is true or false

Business

Bob received a proportionate nonliquidating distribution of land from the BZ Partnership. The land had a fair market value of $15,000 and a basis to the partnership of $10,000 . The land was held for investment purposes by the partnership. Bob's basis in his partnership interest immediately before the distribution was $6,000 . If the partnership has a ยง 754 election in effect, it will record a

$4,000 step-down in the basis of remaining assets, and the step-down will be attributed to all partners in the partnership. a. True b. False Indicate whether the statement is true or false

Business

Foreign investment includes the following components:

A. portfolio investment. B. joint venture investments. C. direct investment. D. A and C. E. A, B, and C.

Business