Identify Which of the Following Statements Is False

question 83

Multiple Choice

Identify which of the following statements is false.

• A)The acquiring corporation does not recognize gains or losses under Sec. 1001 when it transfers noncash boot property to the target corporation or its shareholders.
• B)Gain recognized by a shareholder in a tax-free reorganization may be characterized as a dividend.
• C)If no gain or loss is recognized by a stock or security holder in a tax-free reorganization, the stock or securities received take a substituted basis equal to the basis of the shares or securities surrendered.
• D)Tax-free reorganizations generally do not involve actual redemptions of the stock of the target corporation's shareholders.

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Definitions:

Puzzle Boxes

A method used in animal learning experiments where an animal must solve a problem or manipulate mechanisms to escape or obtain a reward.

Thorndike

Edward Thorndike, an American psychologist, who is famous for his work in the early 20th century on learning theory and the law of effect.

Behavior Modification

The application of operant-conditioning techniques to teach new responses or to reduce or eliminate maladaptive or problematic behavior; also called applied behavior analysis.

Puzzle Boxes

Experimental devices used in animal learning research, where an animal must solve a problem or manipulate mechanisms to escape or obtain a reward.