Answer: d. Ron has income on the transaction of $21,000
Explanation:
Ron’s stock received for services counts toward the 80% control test so the transfers are eligible for IRC § 351 exemption.
This means that the total income that Ron has as a result of this transaction is the $21,000 for services.
Ron's basis will therefore be;
= Cattle basis + Income from services rendered
= 6,000 + 21,000
= $27,000
Answer:
The correct answers are:
1) "B": common pool resources are overused.
2) "C": overfishing in public waters.
Explanation:
1) The tragedy of the commons is a resource-based economic problem that takes place when given resources are overexploited without a clear renewable plan or government restrictions that avoid the extinction of those resources. Those resources are usually scarce.
2) <em>Overfishing in public waters</em> is a clear example of the tragedy of the commons. Certain types of fish are scarce. The situation worsens when there are no clear limits imposed on fishermen who tend to overexploit fishing for economic purposes. A real-life example of this is the collapse of the North Atlantic Cod fisheries on Canada's eastern coast.
Undergraduate refers to someone who is going for their Bachelor's Degree or one who doesn't have an equivalence to a Bachelor's Degree. (Ex. non-degree holder or an Associates Degree would be considered undergraduates)
<span>Graduate refers to someone who is going for a degree that is beyond a Bachelor's Degree. (Ex. Master's Degree or PhD.) </span>
Answer:
The correct answer is letter "A": Joanna, who is firm and dependable with respect to delivering results.
Explanation:
Operational leaders are those who analyze the strengths and weaknesses of their group to allocate the duties in a way that produces the most efficient outcome. In front of problems, this type of leader studies the impact and what is going to be needed to solve it. Operational leaders are mostly <em>results-driven</em>.
The company's next task is to determine what objective, strategy and budget to assign to each SBU. Four strategies can be pursued: build, hold harvest, or divest.
