There are ten principal activities to the OTC model
Indicate whether the statement is true or false
False
You might also like to view...
Five situational influences have an impact on a consumer's purchase decision process. They are: purchase task, ________, physical surroundings, temporal effects, and antecedent states.
A. competitive offerings B. motivation C. social surroundings D. core values E. brand loyalty
Net realizable value equals product sales revenue at split-off plus any costs necessary to prepare and dispose of the product
Indicate whether the statement is true or false
According to ______, a comparison with relevant others leads to one of three conclusions: the employee is either underrewarded, overrewarded, or equitably rewarded.
A. equality theory B. learning theory C. expectancy theory D. equity theory
Ezinne transfers land with an adjusted basis of $50,000 and a FMV of $95,000 to a new business in exchange for a 50% ownership interest. The land is subject to a $60,000 mortgage which the business will assume. The business has no other liabilities outstanding. Indicate the amount of gain recognized by Ezinne due to this exchange if the building is transferred to (1) a corporation and (2) a partnership. Assume Sec. 351 is satisfied in the case of the corporation and Sec. 721 is satisfied in the case of the partnership.
A.
| Corporation | Partnership |
| $0 | $0 |
B.
| Corporation | Partnership |
| $10,000 | $10,000 |
C.
| Corporation | Partnership |
| $0 | $10,000 |
D.
| Corporation | Partnership |
| $10,000 | $0 |