Rick Transferred the Following Assets and Liabilities to Warbler Corporation

question 89

Multiple Choice

Rick transferred the following assets and liabilities to Warbler Corporation. In return, Rick received $75,000 in cash plus 90% of Warbler Corporation's only class of stock outstanding (fair market value of $225,000) .

• A) Rick has a recognized gain of $60,000.
• B) Rick has a recognized gain of $75,000.
• C) Rick's basis in the stock of Warbler Corporation is $270,000.
• D) Warbler Corporation has the same basis in the assets received as Rick does in the stock.
• E) None of the above.

Understand the impact of emotional and logical appeals in persuasive communication.

Identify and categorize different constraints that can affect persuasive efforts in workplace documents.

Understand the role of examples in making abstract ideas more tangible and effective in persuasion.

Recognize the essential elements of a persuasive argument and their functions.

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