High Technologies, Inc. is a small semiconductor company owned an operated by Thelma High and Allen Woody. Thelma and Allen formed Hi-Tech three years ago by each contributing $400,000 in exchange for 50% of the corporation's common stock. Hi-Tech has been planning a major expansion of its manufacturing facility and has decided to seek outside financing. It recently approached Jennifer Leech about the possibility of her investing $200,000 in Hi-Tech. After investigating the corporation's financial position, Jennifer has decided to make the investment. Her objectives are to obtain maximum security while at the same time participating in Hi-Tech's potential growth. Jennifer also is concerned about the rapid change in computer technology and would like to plan for the most favorable tax consequences in the unfortunate event that her investment in Hi-Tech becomes worthless. Consider to what extent Jennifer will realize her economic and tax goals if, in the alternative, her investment takes the following forms.

(a) A $200,000 unregistered five-year Hi-Tech note bearing market rate interest?

(b) A $200,000 Hi-Tech registered bond learning market rate interest.i

(c) A $190,000 Hi-Tech registered bond bearing market rate interest and $10,000 for warrants to purchase Hi-Tech common stock at a favorable price.

(d) $200,000 of Hi-Tech common stock.

(e) $200,000 of Hi-Tech convertible preferred stock.

(f) Same as (d), except that Thelma and Allen originally capitalized Hi-Tech by each contributing $500,000.

(g) Same as (d), except that Jennifer plans to give the Hi-Tech common stock to her son, Peter, as a wedding gift.

(h) Same as (d), except that Jennifer and her son, Peter, will purchase the Hi-Tech common stock through Leech Associates, venture capital partnership.

This is from Chapter 4 of Corporate taxation textbook. Regarding the topic, qualification, and effects of Code section 351.