Explanation:
In the sum of death taxes and funeral and related costs, a refund in compliance with § 303 applies at $6 million. That part of the refund resulted in no profits or damages to the company, which is the basis for shares redempted under § 303 of the Act of $6 million (stufted-up).
Within the terms of Section 302 for the selling or swap service, the balance of the allocation ($1 million) must be checked. For the purposes of Section 302, there shall be rules of assignment of the stock under Section 318, and shares owned by Denise, the sole beneficiary of the estate, shall be considered to have belonged to that estate.
The estate then has 100% of the shares in Orange which remain after the redemption (directly and indirectly) and no provisions under § 302 are complied with. Consequently, $1 million is known as a dividend payout. The property's basis of the shares not available for sale or exchange (USD 1 million stepped-up) is focused on Denise's shares of Orange Corporation
Answer:
B) Abstract and opinion.
Explanation:
Abstract and opinion can also be call Abstract of title:
this is the records or evidence of the full history of the property from the conveyance,wills, legal backing, and the list of those people that as assume ownership of the property for a particular period of time.
A full summary of all consecutive grants, conveyances, wills, records, and judicial proceedings affecting title to a specific parcel of real estate, together with a statement of all recorded liens and encumbrances affecting the property and their present status, but not including encroachments and forgeries, is known as a Abstract of Title or Abstract and opinion.
Answer: (B) Atmosphere
Explanation:
The non-personal communication is one of the type of communication channel and it basically carry the data or the information without any personal contact. It basically include major media, events and the atmosphere.
The non-personal communication channel mainly include the atmosphere for the designed environment and it basically used for buying the products.
The major media is used for printing various types magazines and newspaper and also used in online media.
Therefore, Option (B) is correct.
fifo uses the oldest cost for cost of goods sold on the income statement and the newest cost for inventory on the balance sheet.
FIFO is an inventory accounting system that means first in, first out. This means that the first goods that are bought are the first that are assumed to be sold and the newest goods are assumed to remain in inventory.
For example, if you purchase 1 unit of a good at $3 on 1/3/21 and a second unit of the good at $5 on 31/03/21. Only one unit of the good is sold If the FIFO method is used, the cost of good sold would be $3 and the ending inventory would be $5.
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Answer:
D) There is no contract.
Explanation:
The main requirements for a legal contract to exist is that:
- there is something of consideration being exchanged (in this case $ and the armoire).
- there is an offer and acceptance, and all parties involved must decide freely (in this case there is only an offer, but there is no acceptance).
- all the parties involved must be capable of engaging in a contract (e.g. no minors nor mentally disabled)
- the consideration must be legal, e.g. a contract for buying drugs is not a valid contract
