Aperson who performs services for a corporation in exchange for stock cannot be treated as a member of the transferring group even if that person also transfers some property to the corporation. true or false? explainamy owns 20% of the stock of wren corporation, which she acquired several years ago at a cost of $10,000. amy is vice-president of wren and earns a salary of $80,000 annually. last year, wren corporation was experiencing financial problems, and amy loaned the corporation $25,000. in the current year, wren becomes bankrupt, and both her stock investment and the loan become worthless. does amy have a non-business bad debt deduction this year of $25,000 or is it a business bad debt deduction? explain. beth forms lark corporation with a transfer of appreciated property in exchange for all of its shares. shortly thereafter, she transfers half her shares to her son, ted. will the transfer to ted cause the original transfer to be taxable? explain.

answer; (a) calling people who have not shown interest in the product and asking them to buy it;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.