On june 10, 2018, ebon, inc, acquired an office building as a result of a like-kind exchange. ebon had given up a factory building that it had owned for 26 months as part of the like-kind exchange. which of the statements below is correct?

a the holding period of the factory building includes the holding period of the office building
b. the holding period of the office building starts on june 11, 2018
c. the holding period of the office building starts on june 10, 2018.
d. the holding period of the office building includes the holding period of the factory building
e. none of the above.

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.