What are the three different types of states?
What will be an ideal response?
The three different types of states are independent state, dependent state, and inchoate state. Independent states are free from the political control of other states and free to enter into agreements with other international persons. Dependent states have formally surrendered some aspect of their political and governmental functions to another state. Inchoate states are the ones that have begun but not completed. They are imperfectly formed or developed.
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Answer the following statement true (T) or false (F)
A continuous random variable is a random variable if it can take on no more than a countable number of values
Indicate whether the statement is true or false
Face-to-face delivery of bad news increases the probability of misinterpretation of the news.
Answer the following statement true (T) or false (F)
The RST Partnership makes a proportionate distribution of its assets to Ryan, in complete liquidation of his partnership interest. The distribution consists of $40,000 in cash and capital assets with a basis to the partnership of $30,000 and a fair market value of $48,000 . None of the payment is for partnership goodwill. At the time of the distribution, Ryan's partnership basis is $45,000 and
the partnership has no liabilities and no "hot assets.". If the partnership makes an optional basis adjustment election on a timely filed return, the partnership recognizes: a. Capital gain of $25,000 and increases the basis of its remaining assets by $12,500. b. Capital loss of $5,000 and decreases the basis of its remaining assets by $5,000. c. No gain or loss and increases the basis of its remaining assets by $25,000. d. No gain or loss and decreases the basis of its remaining assets by $58,000. e. None of the above.