Examlex
A person who performs services for a corporation in exchange for stock cannot be treated as a member of the transferring group even if that person also transfers some property to the corporation.
Conglomerate Merger
A conglomerate merger is the combination of two or more companies engaged in entirely different business activities, usually to diversify product lines and decrease risk.
Functional Interchangeability Tests
Procedures or assessments to determine if different products, parts, or systems can perform the same function in the same environment effectively.
Line of Commerce
Refers to a specific category of products or services within a particular industry or market.
Primary-Line Injury Claim
A type of insurance claim that involves direct or first-line compensation for injuries suffered.
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Q95: Paula transfers stock to her former spouse,