Dock Battery Co. borrowed a sum of money from National Commercial Bank, which business in the debtor based on the transaction? A. Dock Battery Co.
B. National Commercial Bank
C. Business
D. None of the above

Tara incorporates her sole proprietorship, transferring it to newly formed black corporation. the assets transferred have an adjusted basis of $240,000 and a fair market value of $300,000. also transferred was $10,000 in liabilities, $1,000 of which was personal and the balance of $9,000 being business related. in return for these transfers, tara receives all of the stock in black corporation. a. black corporation has a basis of $241,000 in the property. b. black corporation has a basis of $240,000 in the property. c. tara’s basis in the black corporation stock is $241,000. d. tara’s basis in the black corporation stock is $249,000. e. none of the above.

Costs of production that do not change when output changes. question 17 options: total revenuefixed incometotal costfixed cost

Which of the following are considered needs? check all that apply