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30 a,b Which of the following best describes the facts as related below: One corporation that has operated two separate lines of business for 10
30 a,b
Which of the following best describes the facts as related below: One corporation that has operated two separate lines of business for 10 years separates this business into two corporations a. $303 b. All of the answers (except none of them) are right c. 302(b)(2) d. None of these answers are right e. 302(b)(1) f. 302(b)(3) g. 302(b)(4) An economic benefit provided by a corporation to a shareholder that is not a fair market value exchange is called: a. bargain dealings b. destructive dividend c. void ab initio d. constructive dividend Step by Step Solution
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