Long-term loan agreements always contain provisions, or covenants, that constrain the firm's future actions. Short-term credit agreements are just as restrictive in order to protect the interest of the lender.
Answer the following statement true (T) or false (F)
False
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Responsibility is being accountable for your conduct and obligations
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. The Wagner Act was very pro-union because it made collective bargaining legal, and required employers to bargain with the representatives of the employees. 2. The Norris-LaGuardia Act established the National Labor Relations Board. 3. The Taft-Hartley Act and the Wagner Act are both considered to be very pro-union pieces of legislation. 4. The Taft-Hartley Act requires employers to give sixty days written notice of plant closings or layoffs. 5. The Taft-Hartley Act was considered to be pro-management in that it specified unfair union labor practices, whereas the Wagner Act specified unfair management labor practices.
Francine incorporated her sole proprietorship by transferring inventory, a building, and land to the corporation in return for 100 percent of the corporation's stock. The property transferred to the corporation had the following fair market values and tax-adjusted bases. FMV Adjusted basisInventory$30,000 $10,000Building 130,000 80,000Land 50,000 100,000Total$210,000 $190,000 The corporation also assumed a mortgage of $60,000 attached to the building and land. The fair market value of the corporation's stock received in the exchange was $150,000.a. What amount of gain or loss does Francine realize on the transfer of the property to her corporation?b. What amount of gain or loss does Francine recognize on the transfer of the property to her corporation?c. What is
Francine's basis in the stock she receives in her corporation? What will be an ideal response?
A synonym for shadow price is ________
Fill in the blanks with correct word