Zoe Ann Transfers Machinery Having a $36,000 Adjusted Basis and a $70,000

question 105

Essay

Zoe Ann transfers machinery having a $36,000 adjusted basis and a $70,000 FMV for all 100 shares of Zeema Corporation's stock. Before the transfer, Zoe Ann used the machinery in her business. She originally paid $50,000 for the machinery and claimed $14,000 of depreciation before transferring the machinery. Zoe Ann recaptures no depreciation on the transfer and the recapture potential is transferred to Zeema Corporation. Zeema sells the machine for $66,000 after it had depreciated the machine an additional $4,000. What is Zeema's gain on the machine and what is its character?

Describe Carl Rogers's concepts of congruence and conditions of worth in relation to self and personality.

Grasp the role of social modeling and mastery experiences in shaping an individual's self-efficacy and behavior.

Identify the theoretical perspectives on the nature of human behavior and societal organization, including views of Freud, Rogers, and Bandura.

Explain the process of self-regulation in social cognitive theory.

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Definitions:

Transformational

Pertaining to change that is comprehensive, fundamental, and often radical, affecting something at its very core.

Servant Leadership

A leadership philosophy which emphasizes the leader’s role as serving the needs of others first, aiming to enrich the lives of individuals and build better organizations.

Robert Greenleaf

The founder of the modern servant leadership movement, emphasizing the importance of leaders being attentive to the needs of their followers.

Victor Vroom

A psychologist known for his work on the expectancy theory of motivation, which suggests that individuals' behavior is influenced by their expectations of outcomes and the value they place on those outcomes.