Identify which of the following statements is true.

A) A deemed liquidation election is available when a target corporation is liquidated into its parent corporation.
B) Corporate purchasers generally prefer Sec. 338 treatment because of the significant tax savings originating from the step-up in basis.
C) The Sec. 338 deemed liquidation rules require that 100% of the target corporation's stock be purchased.
D) All of the above are false.


D) All of the above are false.

Business

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Which of the following conditions is most likely essential for implementing a successful market-skimming pricing strategy for a product?

A) The product's quality and image must support its high price. B) Lower-priced alternatives can enter the market easily. C) Low prices promote more market growth than high prices. D) The product's price matches its manufacturing costs. E) A low-price position of the product is maintained.

Business

The collection of data and the preparation of reports are usually the responsibility of the ____________.

Fill in the blank(s) with the appropriate word(s).

Business

The buffer in a bad-news message to employees should A) explain the organization's side of the story

B) mention reader benefits related to the reasons for the denial. C) provide information about an alternative if one exists. D) be a neutral or positive statement that transitions to the reasons for the bad news.

Business

The term _____ refers to combining intuitive and analytic thought

A. bounded rationality B. quasirationality C. creativity D. cognitive flexibility E. analytic bias

Business