Match the Following Items with the Statements That Follow

question 88

Multiple Choice

Match the following items with the statements that follow. Terms may be used more than once.
-BarkCo and WoodCo contribute all of their assets to Tree Corporation in exchange for all of Tree's stock. BarkCo and WoodCo distribute the Tree stock to their shareholders in exchange for their stock in BarkCo and WoodCo. The exchange completes the liquidation of BarkCo and WoodCo and each ceases to exist.

• A)Boot
• B)Business credits
• C)Capital gain
• D)Continuity of business enterprise
• E)Continuity of interest
• F)Dividend
• G)Discount rate
• H)Earnings and profits
• I)Federal long-term tax-exempt rate
• J)Liability assumption
• K)Ordinary gain
• L)Ownership change
• M)Section 382 limitation
• N)Sound business purpose
• O)Step transaction

---

Definitions:

Simple Cortical Cells

Neurons in the visual cortex that respond to specific orientations of edges and lines, contributing to visual processing.

Complex Cortical Cells

Neurons located in the cerebral cortex that respond to specific visual stimuli, such as the orientation of edges and movement in a particular direction.

Hypercomplex Cortical Cells

Neurons in the visual cortex that respond to specific visual stimuli, such as the orientation and length of edges.

Lateral Geniculate

A part of the thalamus in the brain that plays a critical role in processing visual information received from the retina.