In 2019 Ryce contributes nondepreciable property with an adjusted basis of $60,000 and a fair market value of $95,000 to the Montgomery Partnership in exchange for a one-half interest in profits and capital. In the next tax year, when the property's fair market value is $100,000, the partnership distributes the property to Jarvis, the other one-half partner. Jarvis's basis in the partnership interest was $100,000 immediately before the distribution. Which partner must recognize a gain, what is the amount recognized, and what is the effect on that partner's basis in the partnership interest?Ryce must pay tax on the $ built-in gain in 2019. He increases his basis in his partnership interest by the gain recognized.

My consumer behavior is influenced by both advertising and news, but I believe advertising has a greater influence.

Explanation:

Consumerism is totally associated with capitalism, it is spread through advertising campaigns broadcast in various media such as billboards, cinema, television and many others.

Any individual, regardless of their social class or age, is encouraged by this type of advertising to consume, because the advertisers who create them exert a gigantic manipulative power through exhaustive repetition and visual artifice, creating a desire for unnecessary consumption, thus influencing consumer behavior.

In addition, these advertising campaigns not only show the product, but also add value, creating a feeling that if you own it you will be happier, more desired and more successful.