Which of the Following Principles Does Not Need to Be

question 17

Multiple Choice

Which of the following principles does not need to be satisfied for an acquisition to be a tax-deferred reorganization?

• A)Continuity of interest
• B)Continuity of purpose
• C)Business purpose
• D)Continuity of business enterprise

Understand the responsibilities of an online executor in managing a deceased's digital assets.

Recognize the importance of online estate planning to prevent identity theft and manage a deceased's digital legacy.

Understand the concept of virtual property and its inclusion under property rights.

Comprehend the legal and ethical considerations in business agreements among partners regarding control and ownership.

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Definitions:

Automobile Business

Industry involved in the design, development, manufacturing, marketing, and selling of motor vehicles.

Big Data

Huge amounts of data that, when analytically processed, can disclose patterns, trends, and connections mostly related to how humans behave and interact.

Volume

Refers to the amount of space that a substance or object occupies, or that is enclosed within a container.

Velocity

The speed of something in a given direction, often used in physics to describe the rate of change of position.