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The Cheyenne golf and tennis club requires its members to purchase stock in the corporation and to make a deposit of $50,000. The deposit is
The Cheyenne golf and tennis club requires its members to purchase stock in the corporation and to make a deposit of $50,000. The deposit is to be repaid in 30 years, and no interest is charged. Is the deposit/loan subject to the below-market loan rules? Outline the points you intent to make when you call the client back next week
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
