Identify which of the following statements is true.
A) Section 336 prevents recognition of a loss when making a pro rata distribution of property toa related person.
B) A liquidating distribution of property other than a disqualified property that is made ratablyto all shareholders (based on their stockholdings) will permit the recognition of loss on theportion of the distribution that is made to a related person.
C) A subsidiary corporation can recognize losses on distributions to either the parent corporationor minority shareholders in a Sec. 332 liquidation.
D) All of the above are false
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Ответ:
Option A only is observed to be true.
Explanation:
A subsidiary corporation cannot detect losses on distribution on either the parent corporation or minority shareholders- in Sec 322 liquidation.
in addition, Section 336 does not prevent the detection of a loss when making a pro-rata distribution of property to a related person.
Therefore, only option A is observed to be true.
Ответ:
The use of computers has increasingly replaced human and mechanical labor in production lines in recent times. We live in a materialistic world. Where everything depends on what you have, that is to say, technology has managed to trap us with all kinds of things. Now we can say that technology handles man?. The technology year after year is better. That is why it defines the word technology as: the set of knowledge that allows us to build objects and machines to adapt the environment and satisfy our needs.