Answer: Known as the 'software development life cycle,' these six steps include planning, analysis, design, development & implementation, testing & deployment and maintenance. Let's study each of these steps to know how the perfect software is developed.
Explanation:
Answer:
C. Buddy cannot be a creditor of the corporation after the redemption.
Explanation:
"A stock redemption that terminates a shareholder’s entire stock ownership in a corporation will qualify for sale or exchange treatment under § 302(b)(3). The attribution rules generally apply in determining whether the shareholder’s stock ownership has been completely terminated. However, the family attribution rules do not apply to a complete termination redemption if the following conditions are met:
The former shareholder has no interest, other than that of a creditor, in the corporation for at least 10 years after the redemption (including an interest as an officer, director, or employee).
The former shareholder files an agreement to notify the IRS of any prohibited interest acquired within the 10-year period and to retain all necessary records pertaining to the redemption during this time period."
Reference: South-Western, Thomson. “Chapter 5.” To Qualify for Sale or Exchange Treatment, a Stock Redemption Generally Must Result in a Substantial Reduction in a Shareholde, 2005,
Answer:
The correct answer is option A.
Explanation:
An economically efficient level of output is the level of output where the marginal benefit earned from the consumption is equal to marginal cost of production.
At this point, the consumer surplus and producer surplus will be maximum. The economic surplus which is a sum of both economic surplus and producer surplus will also be maximum.
Answer:
The correct answer is the option B: a certified check.
Explanation:
To begin with, the term of <em>''certified check''</em> refers to a type of check that was certified by the emisory bank stating that the account has enough money to make the payment, therefore that the bank's account of the user is currently with sufficient money in order to do the purchase for which the check was meant to.
Secondly, once established the concept of a certified check, it is understood that in the situation where Elmo pays a certain amount to his bank in order to draw a check to pay for something, then the bank has enough money in Elmo's account and therefore <u>the check will be certified</u> by the bank.