Walter, Who Owns All of the Ajax Corporation Stock, Purchases

question 35

Multiple Choice

Walter, who owns all of the Ajax Corporation stock, purchases a truck from Ajax Corporation in January. The truck cost $12,000 and has a $10,000 adjusted basis. Walter pays the truck's $8,000 FMV. Later in the same year, Walter sells the truck to an unrelated party for $13,000. With respect to these transactions,

• A) Ajax Corporation reports no loss and Walter reports a gain of $5,000.
• B) Ajax Corporation reports a loss of $4,000 and Walter reports a gain of $5,000.
• C) Ajax Corporation reports a loss of $2,000 and Walter reports a gain of $5,000.
• D) Ajax Corporation reports no loss and Walter reports a gain of $3,000.

Understand the use of direct and indirect strategies in persuasive writing.

Comprehend the role of emotion and rationality in persuasive appeals.

Learn the importance of credibility and ethical persuasion in business communication.

Acquire techniques for effective sales writing and the AIDA strategy.

---

Definitions:

Key Point

The most important or central idea of a discussion, presentation, or piece of writing.

Bullet Points

A list format used to present information or ideas in a concise and easy-to-read manner.

Highlight Or Italicize

Techniques used in writing to emphasize certain text, with highlighting often involving a bright color and italicizing slanting the text.

Readability Of Your Business Messages

The ease with which your audience can understand and interpret the messages conveyed by your business communications.