The making of an assignment relieves the assignor of any and all obligations existing under the original contract.?
Indicate whether the statement is true or false
False
You might also like to view...
Describe the reasons for increasing business globalization.
What will be an ideal response?
Explain the overall purposes of the Sherman Antitrust Act, the Clayton Act, and the Robinson-Patman Act. How do each of these Acts relate to each other?
What will be an ideal response?
FedBizOpps.gov is a forum that
A. provides information on the prices of luxury goods in the U.S. market. B. allows organizational buyers to voice their concerns about suppliers. C. provides resources to find business opportunities with the government to fit a firm's strategy. D. allows organizational buyers to conduct an online vendor analysis approved by the government. E. provides information on the prices of essential goods in the U.S. market.
Hank inherited Green stock from his mother when she died. The mother had a tax basis of $366,000 for the Green stock when she died and the Green stock was worth $437,000 at the date of her death. Which of the statements below is correct?
a. Hank's holding period for the Green stock includes his mother's holding period for the stock. b. Hank's holding period for the Green stock does not include his mother's holding period for the stock. c. Hank's holding period for the Green stock is automatically long term. d. b. and c. e. None of the above.