Answer:
True
Explanation:
Section 351 (a) establishes that no gain or loss should be recognized when property is transferred to a corporation:
- in exchange of stock in that corporation (might receive common stock or share class stocks)
- as soon as the exchange is complete, the new stockholder must be in control of the corporation.
Not all common stocks have the same voting rights, that is why they are divided into share classes which assign separate voting rights or powers. Section 351 does not include preferred stocks.
Answer:
A trade deficit.
Explanation:
Given that,
Value of exports = $293 billion
Value of imports = $405 billion
Balance of trade refers to the difference between a country's value of exports and its value of imports for a given time period.
Balance of trade:
= Value of exports - Value of imports
= $293 billion - $405 billion
= -$112 billion
Therefore, this country has a negative trade balance and it is reflected as a trade deficit.
Answer:
C. Diversification
Explanation:
Diversification is the process of a business enlarging or varying its range of products or field of operation.
A century ago workers needed to develop the manual, industrial skills required for making things today workers in the postindustrial economy must develop the intellectual skills required to manipulate symbols.
A post-industrial economy is a period of growth within an industrialized economy or nation in which the relative importance of manufacturing reduces and that of services, information, and research grows.
Industrial Skills Training is a branch of training designed to develop the skills and knowledge required of workers in the process and manufacturing industries
Learn more about post-industrial economy here
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