Answer:
correct statement is true
Explanation:
- The basis of assets received by the corporation as capital contribution from the shareholder is equal to the basis of assets held by the shareholders. The basis of assets transferred to a corporation through a non-governmental folder as a contribution to capital is zero.
- In order for the transaction to be unstable under § 351, property transferors must be in control of the corporation immediately after the exchange. Regulation means that the person or persons transferring the property must own at least 80 percent of the stock. More specifically, transfer-shareholders have the right to own at least 80 percent of the total combined voting power of all classes of stock and at least 80 percent of the total number of shares of all other classes.
Answer:
B. Poor citizens are more likely to vote than rich citizens.
Answer:
<u>Vehicular</u> officers are most likely to suffer injuries in a vehicle accident during high-speed car chases when trying to nab a criminal.
