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Mandy and Greta Form Tan,Inc

question 48

Essay

Mandy and Greta form Tan,Inc.,by transferring the following assets to the corporation in exchange for 5,000 shares of stock each.


Definitions:

Gastrocnemius

A major muscle located in the back part of the lower leg, contributing to plantar flexion of the foot.

Soleus

A powerful muscle in the back part of the lower leg (the calf) that helps with walking and standing.

Tibialis Posterior

The tibialis posterior is a muscle in the lower leg involved in stabilizing the ankle and supporting the arch of the foot during movement.

Peroneus Longus

The Peroneus Longus is a muscle on the outer side of the lower leg, which helps in plantar flexion and eversion of the foot.

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