In a qualified corporate reorganization, which of the following statements are true?

Question 9 options:

	a.The corporation will not recognize gains or losses in the transfers of its assets to a new corporation.
	b.The shareholders continuing in a new corporation will not recognize losses in receipt of stock of a new corporation.
	c.The shareholders continuing in a new corporation will not recognize gains if they receive ONLY stock of a new corporation.
	d.In some cases, a tax-free debt swap (old corporation debt for new corporation debt) may also be possible if the new debt has very similar terms (for example: face value, interest rate, length of term) of the old debt.
	e.All of the above are true.