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7- If a transaction is considered a reportable transaction, it is a listed transaction. (True or Fales) 8- Only a corporation whose stock is traded

7- If a transaction is considered a reportable transaction, it is a listed transaction. (True or Fales)

8- Only a corporation whose stock is traded on an "established securities market" is subject to the stock buyback excise tax. (True or Fales)

9- To the extent of the corporation's receipt of cash (boot) for its stock, F reorganization is subject to the stock repurchase excise tax. (True or Fales)

10- The list transaction requires corporations to disclose any loss transaction that generates at least $10 million in any single tax year or $20 million in any combination of tax years. (True or Fales)

11- Since syndicated conservation easement transactions are considered abusive transactions, they should be subject to the listed transaction. (True or Fales)

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