Which of the Following Scenarios Would Be Appropriate for a Section

question 1

Multiple Choice

Which of the following scenarios would be appropriate for a section 85 rollover?

• A)A shareholder of a corporation wishes to transfer their vehicle to his corporation.The vehicle originally cost $20,000 and has a market value of $12,000.
• B)A corporation wishes to convert land owned by the company into a parking lot.
• C)A taxpayer wishes to transfer property worth $200,000, with an ACB of $90,000, to their corporation.
• D)A corporation is selling its equipment to another corporation and does not wish to own shares in the other corporation.

Analyze how subjective mechanisms influence negotiator behavior and decisions.

Understand the process and effects of projecting one's characteristics onto others.

Recognize the significance of focusing on interests to resolve disputes.

Explain the consequences of misperceptions and cognitive biases arising from information processing.

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Definitions:

Shelves

Flat horizontal surfaces used for storing or displaying items, found in cabinets, rooms, or on walls.

File Cabinets

Furniture designed for the organized storage of documents, files, and papers, typically used in office settings.

OUTguides

Tools used in filing systems to track documents that have been removed, typically consisting of a placeholder that records who has taken the document and when.

Barcodes

A machine-readable form of information on a scannable, visual surface that typically represents data about the product to which it is attached.