Car CoIs Selling Its Land and Building to Truck Co

question 6

Multiple Choice

Car Co.is selling its land and building to Truck Co.for $340,000 (Land $200,000; Building $140,000) .These values have not been officially appraised, and Truck Co.thinks that the land is only worth $150,000 and the building is worth $190,000.(Car Co.originally paid $100,000 for the land and constructed the building for $150,000.The UCC on the building is currently $130,000.) Which of the following statements is TRUE based on these facts?

• A)Future CCA will be higher for Truck Co.if Car Co.'s terms are accurate
• B)Car Co.will recognize higher net capital gains if Truck Co.'s terms are accurate
• C)Car Co.will recognize higher recapture if Truck Co.'s terms are accurate.
• D)The allocation of the costs is irrelevant for tax purposes as the total price is the same under both sets of terms.

Understand the role and influence of works councils within labor relations, particularly in Germany.

Acknowledge the characteristics of labor relations in Nordic countries, contrasting them with other systems globally.

Comprehend the evolution of labor relations systems, notably in Australia and the former Soviet Union.

Grasp the effects of cultural and legal protections on union resistance to workplace changes.

---

Definitions:

Labor Markets

Economic markets that deal with employment, wages, and work conditions, reflecting the demand and supply of labor.

Human Resource Professionals

Individuals who work within an organization's human resource department, responsible for implementing policies and procedures relating to the management of individuals.

Threat Of Unionization

Refers to the potential risk or possibility of employees joining or forming a union, which can lead employers to improve working conditions or negotiate terms to prevent unionization.

Media Portrayals

The representation of events, people, or issues by various media outlets, which can influence public perception and opinion.