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A and B form Lasveg Corporation. A transfers property and receives 75 shares of stock. B performs services and receives 25 shares of stock. The

A and B form Lasveg Corporation. A transfers property and receives 75 shares of stock. B performs services and receives 25 shares of stock. The transactions qualify for Code Sec. 351 treatment for:

A. only

B only

Both a & B

Neither A or B

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