In Corey Airport Services v. Clear Channel Outdoor, where Corey lost a bid to provide services at the Atlanta airport and a jury then found there to be a conspiracy that deprived Corey of millions of dollars worth of business, the appeals court held that:
a. that a state actor had intentionally treated it differently than others members of a similar group
b. that there was no rational basis for the difference in treatment Corey suffered
c. both that a state actor had intentionally treated it differently than others similarly situated, and that there was no rational basis for the difference in treatment
d. that equal protection does not apply to businesses, only to persons
e. none of the other choices are correct
e
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The existence of fair value estimates that are unreasonable or unsupportable is indicative of a potential fraud scheme
a. True b. False Indicate whether the statement is true or false
J&J, LLC, was in its third year of operations when J&J decided to expand the number of members from two, A and B, with equal profits and capital interests, to three members, A, B, and C. The third member, C, will contribute her financial expertise to the LLC in exchange for a one-third capital interest in J&J. Given the balance sheet below reflecting the financial position of J&J on the date member C is admitted, what are the tax consequences to members A, B, and C, and to J&J, when C receives her capital interest? If, instead, member C receives a one-third profits interest, what would be the tax consequences to members A, B, and C, and to J&J?J&J Limited Liability CompanyBalance Sheet? BasisFMV BasisFMVCash$20,000$20,000Account Payable$7,000$7,000Inventory5,0005,000Mortgage
Payable20,00020,000Equipment10,00017,000 Building30,00045,000A-Capital22,00030,000 B-Capital16,00030,000Total Assets$65,000$87,000Total Liab. and OE$65,000$87,000 What will be an ideal response?
Term bonds are scheduled for maturity on one specified date, whereas serial bonds mature at more than one date (often in series).
Answer the following statement true (T) or false (F)
Uncertainties, lack of coordination, and an inability or refusal to share information among business partners create EC ________ problems
A) shipping and handling B) supply chain fulfillment C) product development D) infrastructure