The commission is cut from the buyers cost of the property
Answer:
<em>parse tree or parsing tree</em>
Explanation:
A parse tree or parsing tree <em>is an organized, rooted diagram representing a string's lexical framework in quite a reference-free language.
</em>
They are mainly used in computer language. Parse trees represent the input language context in practical terms, rendering them different from conceptual syntax trees used in programming.
Answer:c. pierce the corporate veil due to the failure to hold required corporation meetings.
Explanation:Corporation is a form of business operation that declares the business as a separate, legal entity guided by a group of officers known as the board of directors. A corporate structure is perhaps the most advantageous way to start a business because the corporation exists as a separate entity.
When starting a lawn care business, the much needed land resource is capitol
Answer:
$7,500
Explanation:
A few points must be considered in order to calculate ther realized gain.
1. Although Robert's stock in Lebec Corporation was $15,000 at cost, it was sold to Karen (his sister and related party) for $8000. Since it is related party transaction, the loss of $7000 ($15,000-$8,000) cannot be reported as a loss.
2. Karen's basis for the stock is $8000 (the amount she bought it from her brother).
3. Karen sold the stock to Dana for $15,500. The realized gain since Dana is not related is $15,500-$8,000= $7,500. This becomes the realized gain since it is an unrelated party transaction.
