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QUESTION 11 A Split-Off is an exchange of Parent Corporation stock by shareholders of the Parent Corporation in exchange for stock in a Subsidiary
QUESTION 11 A Split-Off is an exchange of Parent Corporation stock by shareholders of the Parent Corporation in exchange for stock in a Subsidiary of the Parent Corporation. O True False QUESTION 12 It is not possible (ie."could not happen") for a Liquidating Corporation to recognize a Gain or Loss on the distribution of Disqualified Property. True False
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