Match the Following Items with the Statements That Follow

question 133

Multiple Choice

Match the following items with the statements that follow. Terms may be used more than once.
-Apple Corporation transfers voting stock to Orange Corporation in exchange for substantially all of its assets and its liabilities associated with the plant and equipment. Its general liabilities are not acquired by Apple. Orange distributes the Apple stock to its shareholders in exchange for their Orange stock. Orange then liquidates.

• 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:

ODD / CD

ODD (Oppositional Defiant Disorder) / CD (Conduct Disorder) refer to related developmental disorders characterized by disruptive, impulsive, and antisocial behavior, with CD being more severe involving violating societal norms and rights of others.

Self-Control Behaviours

Actions undertaken by an individual to control impulses and resist short-term temptation in order to achieve longer-term goals.

Atypical Neuroleptics

A class of medications primarily used to treat symptoms of schizophrenia and bipolar disorder, which tend to have fewer extrapyramidal side effects compared to older antipsychotics.

Aggressive Inpatient Children

Children admitted to a hospital or residential treatment who exhibit aggressive behavior towards themselves or others.