A leader has more responsibility than a "peasent" or commener.
Answer: $50,000
Explanation:
Based on the scenario in the question, Jocelyn's basis in the property contributed will be:
Land = $60,000
Inventory = $5,000
Total = $65,000
We are told that the exchange is tax-free, hence, Jocelyn has income of $0.
Therefore, Jocelyn’s basis in Zion’s Corporation stock will be her original basis in property contributed which is $65,000 plus the gain of $0 and then we deduct the liability that was assumed by the corporation which $15,000. This will now be:
= $65,000 + 0 - $15,000
=$50,000
<span>start from scratch and rewrite the contract</span>
Based on their observations of what actually occurs in the organization, employees demonstrate the enacted values and norms.
Your values are the things you hold dear in terms of how you conduct your life and career. Value indicates the significance of an action or thing in ethics and social sciences. Values include things like money, allegiance, independence, fairness, equality, justice, brotherhood, and friendship. Values include things like money, allegiance, independence, fairness, equality, justice, brotherhood, and friendship. In the social sciences, norms are a key notion. Norms are most frequently described as socially imposed laws or expectations. Norms can be prescriptive (encouraging good behavior, such as "be honest") or proscriptive (forbidding bad behavior, such as "do not cheat").
Learn more about Norms here
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That would be considered fraud. He would be lying to the IRS about his gambling thing going on in the back. He would most likely get some fines and charged for the money he earned from that side business.
