This preview shows page 1. Sign up to view the full content.
Unformatted text preview: example, one is under the influence or control of the other. Related persons are not considered to deal with each other at arm's length. Related persons include individuals connected by blood relationship, marriage, or adoption (legal or in fact). Also, a corporation and a shareholder who controls the corporation are related. Dealings with these individuals are non-arms length transactions ....
View Full Document
- Summer '06