Which of the Following Is False Regarding a Section 83(b)

question 22

Multiple Choice

Which of the following is false regarding a section 83(b) election?

• A) The election freezes the value of the employee's compensation at the grant date.
• B) The election is an important tax planning tool if the stock is expected to increase in value.
• C) The election must be made within 30 days of the grant date.
• D) If an employee leaves before the vesting date, any loss is limited to $3,000.

Understand the roles and functions of key labour organizations in Canada relative to their counterparts in other countries.

Understand the principles of bargaining and negotiation tactics in the labour context.

Identify strategies employed by unions and management during negotiations and labour disputes.

Recognize the legal and ethical considerations in union-management relations, particularly regarding workers' rights to organize and negotiate collectively.

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