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Section 351 Applies to an Exchange If the Contributing Shareholders

question 27

True/False

Section 351 applies to an exchange if the contributing shareholders own more than 50% of a corporation's stock after the transfer.


Definitions:

Servicing Model

A union representation model where the focus is on providing services to members, such as legal advice and representation, rather than on mobilizing workers or political action.

Representation

The action of speaking or acting on behalf of someone or the state of being represented.

National Union

A labor union that operates across an entire nation, representing workers in a specific industry or multiple industries at a national level.

Bylaws

Rules and regulations adopted by an organization or community to govern its own actions and behavior of its members.

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