Barb and Chuck Each Own One-Half of the Stock of Wren

question 35

Multiple Choice

Barb and Chuck each own one-half of the stock of Wren, Inc., a C corporation. Each shareholder has a stock basis of $125,000. Wren has accumulated E & P of $200,000. Wren's taxable income for the current year is $90,000, and it distributes $60,000 to each shareholder. Barb's stock basis at the end of the year is:

• A) $0.
• B) $65,000.
• C) $110,000.
• D) $125,000.
• E) None of the above.

Understand the fundamental principles and concepts of Skinner's behaviorism, including operant conditioning.

Identify the differences between Skinner's research approach and those of other personality theorists.

Recognize the methodologies used by Skinner for obtaining data and his views on statistical analysis.

Distinguish between positive and negative reinforcement, and understand their effectiveness in behavior modification.

---

Definitions:

Economic Depressions

Extended periods of significant decline in economic activity across the economy, marked by high unemployment, low manufacturing output, and reduced trade and commerce.

Business Cycle

Refers to the fluctuating levels of economic activity over time, including periods of expansion, peak, recession, and recovery.

Nation's Banks

Financial institutions owned or chartered by a country's government, involved in national economic management.

Failed

Unsuccessful in achieving desired goals or outcomes.