Identify which of the following statements is false.
A) A corporation must file an information return with the Internal Revenue Service within thirty days of adopting a resolution to liquidate.
B) The adoption of a formal plan of liquidation can provide additional benefits under tax laws to the corporation and its shareholders.
C) A plan of liquidation must be produced in writing in order to be accepted by the Internal Revenue Service.
D) The adoption of a plan of liquidation permits a parent corporation a three-year time period to carry out the complete liquidation of its subsidiary.
C) A plan of liquidation must be produced in writing in order to be accepted by the Internal Revenue Service.
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Book value per share refers to the
a. net assets represented by one share of a company's stock. b. highest price that investors will pay for a share of stock. c. issue price of the stock, less any market decline since issuance. d. par or stated value of a share of stock.
What are Life Principles and what should one consider when developing his or her own Life Principles?
Assume that 100 employees voted in a certification election. How many votes must the union receive in order to be certified by the NLRB as the bargaining representative of the employees?
a. 75 b. 52 c. 50 d. 30 e. 90
Which of the following are key behaviors for transformational leaders?
a. idealized influence b. focus on productivity c. individual consideration d. intellectual stimulation e. inspirational motivation f. emphasis on authority