Answer: -100
Explanation: 5,000 - 3,000 - 200, -1,900 =
Answer:
Gain recognized by Tom is $10000
So option (b) will be correct answer
Explanation :
We have given liability on bulding assumed by Paul Corp = $30,000
Tom's adjusted basis in the building = $20,000
Since the liability assumed by Paul Corp on the building is greater than Tom's adjusted basis, Tom must recognize gain equal to the difference between the liability on the building and his adjusted basis.
So gain recognized by Tom = $30,000 - $20,000 = $10,000
Answer:
illegal but ethical.
Explanation:
The actions of Flickczar selling distribution rights to distributors in underserved areas at low prices, and to other areas at normal price is illegal because it is reliant on a suspect category (based on underserved or disadvantaged communities).
The action is ethical because it aims to improve the lives of those that have lower level of living compared to others.
So Flickczar's business practice is illegal but ethical.
Answer: Option E
Explanation: Corporate culture refers to the values and beliefs of an organisation that originates from its several different factors like strategy, customers and investors etc. The corporate culture of an organisation affects the attitude and behavior of all its members.
It sometimes works as a guide when the organisation faces an ethical dilemma. In a healthy corporate culture every employee in the organisation is treated with respect regardless of his or her status.
Thus, from the above we can conclude that the correct option is E.
