Which of the Following Is Not a Related Party Transaction

question 18

Multiple Choice

Which of the following is not a related party transaction?

• A) Acme Corporation leases office space to Norton Company. Mr. and Mrs. Norton own Norton Company and 65% of Acme Corporation's stock.
• B) BBD Inc. licenses a patent from Nugo Inc., which owns 82% of BBD's outstanding stock.
• C) Beth Teal pays $15,000 a year to her gardener, Ben. Beth is Ben's grandmother.
• D) All the transactions are between related parties.

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Definitions:

Masculinist/Patriarchal

Referring to a system or perspective that privileges male attributes and leadership, often at the expense of female participation and equality.

Pantheistic

Relating to or endorsing the belief that God is identical with the cosmos or nature.

Immanent

Refers to the presence and operation of a deity or divine creative life force within the material world, as opposed to being transcendent or beyond it.

Transcendent

Going beyond ordinary limits; surpassing; exceeding or rising above traditional boundaries.