Answer:
A) No gain or loss on the exchange with Bob, and $12,000 gain on the subsequent sale
Explanation:
Since apparently both Bob and Charles owned their property for more than 2 years, the exchange classifies under section 1031 exchange between related parties. Therefore, no gain or loss should be recognized by any of them.
When Charles sold the property to his business associate, who is not related to him, he realize a $12,000 gain (= $312,00 - $300,000 basis).
Answer:
<em>An electronic record</em>
Explanation:
An electronic record is data <em>that is or is being generated by a desktop. It is obtained when an agency or individual activity is initiated, conducted or completed.</em>
Instances of digital records include: email messages, handwritten documentation, electronic spreadsheets, digital photos, and databases.
A protectionism policy is any policy that is designed to reduce the competitiveness of foreign producers in the domestic market.
The protectionism policy helps to protect the domestic industries against the foreign competition through various means methods including
- Imposition of tariffs
- Subsidies
- Import quotas
- Trade restrictions.
The policy of protectionism are determined by the Federal government of the country to help reduce the importation or competitiveness of foreign company in the country's market.
In conclusion, the policy is known as a protectionism policy.
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The answer is C, savings and loan institutions
Answer: Marketing mix
Explanation:
Marketing mix is a combination of factors that are controlled by a company in order to influence the consumers to buy its products.
Marketing mix is a foundation model for firms, and it centered around the price, product, place, and promotion. Marketing mix is the marketing tools that a firm uses to achieve its marketing objectives in the market.
