Today I conferred with Jacob Corcoran regarding his letter of February 10th. Two years ago, Mr. Corcoran purchased 10,000 shares of Grebe Corporation for $24,000. Last year, he received a nontaxable stock dividend of 2,000 additional shares. He sold the 2,000 shares this year for $18,000 and has asked me to determine the tax consequences of the sale. Issue: How is the gain or loss determined on the sale of shares of stock received as nontaxable stock dividends determined, and how is it taxed

An attorney came to work on a saturday. when he signed in, he was advised by the morning security guard employed by the building management that he must be out of the building by 5 p. m., when it closes. however, he stayed past 5 p. m. to complete a brief that had to be filed on monday morning. at 5: 15 p. m., the afternoon security guard set the locks on all the doors of the building and left. because she was in a hurry, she did not check the sign-in sheet to make sure that everyone had signed out, contrary to mandatory procedures. when the attorney tried to exit 15 minutes later, he discovered that the doors were all locked and could not be opened from the inside. he used his cell phone to call for , and a supervisor from the building arrived and let him out shortly thereafter. if the attorney sues the building management for false imprisonment, is he likely to win?