Under PL 86-272, Which of the Following Transactions by Itself Would

question 59

Multiple Choice

Under P.L. 86-272, which of the following transactions by itself would create nexus with a state?

• A) Order solicitation for a plot of real estate approved and filled from another state.
• B) Order solicitation for a computer approved and filled from another state.
• C) Order solicitation for a machine with credit approval from another state.
• D) The conduct of a training seminar for sales personnel as to how to install and operate a new software product.

---

Definitions:

Earning Power

The ability of a business to generate net income consistently over time.

Debt Securities

Financial instruments representing a loan made by an investor to a borrower, typically including terms for interest payments and the return of principal.

Liquidity Risk

The risk arising from the difficulty of selling an asset without causing a significant movement in its price and losing value.

Stock Exchange

A marketplace where securities, including stocks and bonds, are bought and sold by traders.