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3.(a) A, an individual, is an architect and general contractor. B is a wealthy individual. Newco is organized with one class of stock common. Newco is authorized to issue 100 shares of this common. B transfers 500,000 of cash to Newco in exchange for 50 shares of Newco's stock. A signs a contract with Newco in which A will perform services designing a housing project and then acting as general contractor on the construction of that housing project. In exchange, A will receive the remaining 50 shares of Newco's stock. How will A be treated in this transaction
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3.(a) A, an individual, is an architect and general contractor. B is a wealthy individual. Newco is...
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