Carlos transfers property with a tax basis of $800 and a fair market value of $1,170 to a corporation in exchange for stock with a fair market value of $910 and $97 in cash in a transaction that qualifies for deferral under section 351. the corporation assumed a liability of $163 on the property transferred. what is the corporation's tax basis in the property received in the exchange?

the page presents four different kinds of threats that volcanoes pose and what to do before, during, and after an eruption.

answer; the landlord can sue the renter,and the renter loses the security deposit;

answerthe above statement is (true);

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.