Examlex
A corporation makes a pro rata distribution of property to its shareholders as part of its normal operations.The FMV of the property is less than its basis.The corporation will record a loss on the distribution.
Cambodia
A country located in Southeast Asia, known for its rich history, especially during the Angkor period and for the tragic Khmer Rouge era.
Laos
A country in Southeast Asia known for its mountainous terrain, French colonial architecture, Buddhist monasteries, and the Mekong River.
Salvador Allende
Salvador Allende was a Chilean physician, socialist politician, and the first Marxist to become president of a country through open elections.
Nixon Administration
The presidency of Richard Nixon, the 37th President of the United States, which lasted from 1969 to 1974.
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