Answer:
$0
Explanation:
The basis for a Section 351 transfer = fair market value of the property - assumed liabilities = $80,000 - $75,000 = $5,000
Since Buster controls Bronco Corporation (he owns 100%) and he exchanged the property for common stock, no gain or loss should be recognized, neither by Buster or the corporation. All that must be recognized is the new basis for the asset ($5,000).
Based on comments that the client wants to pay a regular premium and leave the worry to the insurance company, the whole life insurance policy would best suit his expectations.
A whole life insurance policy is one of life insurance that allows life coverage until the death of the life of the client assured or pays the premium, it has the following traits:
- Assures or insured throughout the life as long as the life assured
- Regular payments or premiums are required throughout the life
- The guaranteed rate of return and requires a level premium.
Other products such as variable, term, and universal would not meet his expectations as:
Variable - expect to make separate account decisions
Universal - expect to direct premiums.
Term - not ideal for mature clients as it is not cost-effective coverage.
Thus, the correct answer would be - the whole life insurance.
Learn more about whole and term life insurance:
brainly.com/question/13919506
The ultimate aim of customer relationship management is to produce high customer equity. Hope I helped! :)
When marketers evaluate the attractiveness of each potential segment and decide in which of these groups, they are engaging in targeting.
A serviceable obtainable market also known as a target market, can be defined as a group of customers within a business's serviceable available market at which a business aims its marketing efforts and resources. A serviceable obtainable market is a subset of the total market for a service or product. Target market used to helps increase the effectivity of the campaign.
There are 5 different types of targeting, such as:
- Behavioral Targeting
- Contextual Targeting
- Search Retargeting
- Site Retargeting
- Predictive Targeting
Learn more about target marketing here brainly.com/question/13363009
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When it has a strong demand from consumers and slightly more supply then it's demand. And of course, if the company is more famous, provides good quality service, and has little down peak of it's business.
I hope it helped you!
