The transfer of an installment obligation in a transaction qualifying under § 351 is a disposition of the obligation that causes gain to be recognized by the transferor
a. True
b. False
Indicate whether the statement is true or false
False
RATIONALE: Gain would not be recognized since an installment obligation is property under § 351.
Business
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Written evidence of some kinds of contracts is required.
Answer the following statement true (T) or false (F)
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The ___________________________ level option is applicable only for UPDATE and DELETE events.
Fill in the blank(s) with the appropriate word(s).
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Created in 1945, the WTO is governed by and accountable to the 188 countries that make up its near-global membership.
Answer the following statement true (T) or false (F)
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Money market deposit accounts are not as safe as money market mutual funds
Indicate whether the statement is true or false.
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