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Which transaction would not necessarily be considered a related party transaction? Multiple Choice Purchases from another corporation that is controlled by the corporation's chief stockholder.

Which transaction would not necessarily be considered a related party transaction?

Multiple Choice

  • Purchases from another corporation that is controlled by the corporation's chief stockholder.

  • Loan from the corporation to a major stockholder.

  • Sale of land to the corporation by the spouse of a director.

  • Payment of the chief executives salary.

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