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Cheryl owns 200 shares of Cornerstone Corporation common stock which has an adjusted basis of $60,000 and a fair market value of $75,000.John owns 200 shares of Cable Corporation with a $75,000 fair market value.
a.If Cheryl and John exchange their stock,what is the amount of Cheryl's realized gain?
b.If Cheryl and John exchange their stock,what is the amount of Cheryl's recognized gain?
Positive Reinforcement
A process in which the introduction of a stimulus following a particular behavior increases the likelihood of the behavior's occurrence.
Positive Punishment
A form of behavior modification where something unfavorable is added after a behavior, with the intention of decreasing the likelihood of that behavior being repeated.
Observational Learning
Learning that occurs through observing the behaviors of others and imitating those behaviors without direct instruction or reinforcement.
Operant Conditioning
A process of teaching in which behavior modification occurs as a result of either encouraging rewards or imposing punishments.
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