David contributes investment land with a basis of $24,000 and an FMV of $40,000 to a partnership for a 10% interest in partnership capital, profits, and losses. The land is subject to a $30,000 recourse liability, which is assumed by the partnership. The partnership has other recourse liabilities of $18,000. Partners share the economic risk of loss from recourse liabilities in the same way they share partnership losses. David must recognize a
a. $3,000 capital gain.
b. $3,000 capital loss.
c. $1,200 capital gain.
d. $1,200 capital loss.
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Skathy lee berggren, a professor of oral communication at cornell university, indicates âa lot of my students reÂally [only] scratch the surface with the type of research theyâre doing.â according to andy guess, at inside higher ed, âjust because students walk in the door as âdigital nativesâ, doesnât mean theyâre equipped to handle the heavy lifting of digital databases and proprietary search engines that comprise the bulk of modern, online reÂsearch techniques.â students erroneously think a google search is research. as you read through the reasons that should stimulate your interest in studying research methods or evaluate the nine factors that guarantee good research, what actions do you propose to narrow the gap between studentsâ research competence and whatâs required of a modern college graduate about to become a manage
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Ben is the owner of a small organization with a few employees. he plans to have a data warehouse for the limited number of users in his organization. which data warehouse is most suited for ben's organization? o a. lan-based o b. stationary o c. distributed od. virtual
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