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1. Define a complete liquidation and discuss the treatment of gains and losses in a complete liquidation. 2. Describe the effect of complete liquidation on

1. Define a complete liquidation and discuss the treatment of gains and losses in a complete liquidation. 2. Describe the effect of complete liquidation on the distributing corporation. 3. Describe the effect of complete liquidation on the shareholder. 4. Describe the general requirements of a corporate reorganization.

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