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Mike and John form Lasveg Corporation. Mike transfers property and receives 75 shares of stock. John performs services and receives 25 shares of stock. The
Mike and John form Lasveg Corporation. Mike transfers property and receives 75 shares of stock. John performs services and receives 25 shares of stock. The transactions qualify for Code Sec. 351 treatment for:
- Mike only
- John only
- Both Mike and John
- Neither Mike nor John
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Ethics in Accounting A Decision Making Approach
Authors: Gordon Klein
1st edition
1118928334, 978-1118928332
