3 - $50,000), executed by Green Corporation and made...

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Eve transfers property (basis of $120,000 and fair market value of $400,000) to Green Corporation for 80% of its stock (worth $350,000) and a long-term note (worth
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Unformatted text preview: $50,000), executed by Green Corporation and made payable to Eve. As a result of the transfer: a. Eve recognizes no gain....
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This note was uploaded on 12/02/2009 for the course MBA MBA taught by Professor Max during the Spring '08 term at SPSU.

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