Ward and june are in the 35% tax bracket. included in their assets is a dell computer corporation bond with a face value of $10,000. the bond pays $1,000 a year in interest. ward and june gift the bond to their son, wally (age 25), on january 1, 2019. wally is in the 22% tax bracket. what is the 2019 net income tax savings, if any, for the family unit of ward, june and wally related to the transfer of the bond?

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.