A Partial Liquidation of a Corporation Is Treated as a Dividend

question 41

True/False

A partial liquidation of a corporation is treated as a dividend in the case of a corporate shareholder.

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Definitions:

Inclination

A person's natural tendency or urge to act or feel in a particular way; a disposition or propensity.

Similarity Error

A similarity error occurs when the interviewer is unduly influenced by the fact that the interviewee is similar to the interviewer in one or more important ways. As a result of the perception of similarity, the interviewer may be more favorably disposed toward the candidate than the candidate’s credentials warrant.

Pastry Chef

A professional cook who specializes in making desserts, pastries, breads and other baked goods.

Trance Music

A genre of electronic dance music characterized by repetitive beats and melodies that aim to put listeners in a hypnotic state.