Explain the legislative reenactment doctrine.
What will be an ideal response?
Under the legislative reenactment doctrine, a Treasury Regulation is deemed to have been endorsed by Congress if the regulation was finalized before a related IRC provision was enacted, and during the interim, Congress did not amend the provision to which the regulation relates.
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The best situation, from a negotiation standpoint, would be to have on both teams a number of people who generally use the ________ to resolve conflicts.
A. compromising mode B. collaborating mode C. competing mode D. avoiding mode E. accommodating mode
Which of the following is NOT a rule for constructive controversy?
a. Establish openness norms b. Get outside information c. Combine ideas d. Encourage conformity
The corporation is a creature of the common law
Indicate whether the statement is true or false
A drawback of short-term contracting as an alternative to making a component in-house is that
A. it fails to allow a long planning period that individual market transactions provide. B. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. C. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. D. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.