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A Criss-cross purchase arrangement with buy- sell policies owned by the individuals Ron and Harriet are equal co- owners of a CarUni Corp. They have
A Criss-cross purchase arrangement with buy- sell policies owned by the individuals Ron and Harriet are equal co- owners of a CarUni Corp. They have a buy-sell agreement between them. CarUni Corp purchased a life insurance policy on each of their lives and pays the premiums for the policies. It is the beneficiary of the policies. B Criss-cross purchase arrangement with buy- sell policies owned by the corporation C Share redemption plan D Split-dollar arrangement Ron died this month and his shares have transferred to his estate and CarUni corp is going to use the proceeds of the life insurance to pay for the redemption of Ron's shares. These shares will then be canceled and Harriet will own the remaining existing shares as well as 100% of CarUni corp. Which type of funding they carry out for funding the buy- sell agreement
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