Joycelyn gave a diamond necklace to her granddaughter Emma. Joycelyn had purchased the necklace in 1980 for $20,000. The FMV of the necklace at the time of the gift was $50,000. After deducting the annual exclusion, the amount of the gift was $35,000. Gift taxes of $10,000 were paid. What is Emma's adjusted basis in the necklace?
A. $20,000
B. $50,000
C. $28,571
D. $30,000
Answer: C
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a. .7008 pounds per dollar. b. .7037 pounds per dollar. c. 1.4270 pounds per dollar. d. 1.4211 pounds per dollar.
Using dialogue to convince the other party that their position is correct and to support various tactics and ploys that are used to win points during the discussion is a characteristic of
A. male negotiators. B. neither male nor female negotiators. C. both male and female negotiators. D. female negotiators.
A good position statement emphasizes attributes where the brand has relative advantages and weaknesses.
a. True b. False
Poor worker training is likely an example of what type of variation?
a. Assignable variation b. Nonspecific variation c. Specific variation d. Natural variation