Paula's basis in her partnership interest is $60,000. In liquidation of her interest, the partnership makes a proportionate dist
ribution to Paula of $20,000 cash and inventory (basis of $5,000 and value of $7,000). (Assume that the partnership also liquidates.) a. How much gain or loss, if any, will Paula recognize on the distribution?
b. What basis will Paula take in the inventory?
c. What are the tax consequences to the partnership?
d. Can you recommend an alternative distribution? Explain.
e. Would your answer to part (a) or (b) change if this had been nonliquidating distribution? Explain.
This states to a development once individuals with educational degrees to earn higher revenues than individuals that don’t have an instructional degree however retain a similar quantity of data and abilities. The upper earnings appreciated by individuals with educational degrees is clarified by the signaling result. Because the marketplace for labor has uneven data and also the leader has no plan regarding the standard of labor therefore degrees act as a gesturing tool representing the value.
An educational degree perform as a mark of status and temperament to evolve to directions at a work, that successively grounds companies to be keen to pay sophisticated incomes for individuals with educational degrees. Companies typically justify the utilization of an instructional degree as an identification tool within the lack of comprehensive information regarding job candidates.
Behavioral cultural intelligence is defined as intelligence that gives ability to a person for changing their verbal and non-verbal interaction skills as per cultural situation or condition.This help in learning and dealing with new cultural aspects easily for advancement.
According to the question's statement, modification in verbal and non-verbal communication technique is being depicted while interaction with different cultures.Therefore, behavioral CQ is the nature of the speaker.
Other options are incorrect because cognitive cultural intelligence, motivational cultural intelligence and meta-cognitive cultural intelligence are not depicted through question's statement.Thus, the correct option is option(D).
It is the duty of the real estate agents to inspect properties properly before signing listing agreement or contracts. In this scenario, Katherine did not do her inspection job properly and if in this scenario, Leslie buys the house and finds out about the leaky roof, she is very correct to accuse Katherine of negligent misrepresentation, and thus should hold Katherine liable for the leaky roof problem.