Sarah Transfers Property with an $80,000 Adjusted Basis and a $100,000

question 31

Multiple Choice

Sarah transfers property with an $80,000 adjusted basis and a $100,000 FMV to Super Corporation in a Sec. 351 transaction. Sarah receives stock with an $85,000 FMV and a short- term note with a $15,000 FMV. Sarah's basis in the stock is

• A) $80,000.
• B) $95,000.
• C) $100,000.
• D) $85,000.

---

Definitions:

Attitude Formation

The process by which individuals develop their perspectives and feelings towards objects, people, or events, based on their experiences and thoughts.

Attitude Formation

The process by which individuals develop their perspectives and feelings towards objects, people, or events based on experiences and influences.

Direct Instruction

A structured, explicit teaching method that includes clear, specific instructions and demonstrations followed by practice and feedback.

Vicarious Conditioning

Learning behavioral responses through the observation of others' reactions to stimuli, without direct experience.