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which of the following is false regarding a complete liquidation a. a shareholder will recognize...

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Accounting

which of the following is false regarding a complete liquidation

a. a shareholder will recognize dividend income equal to FMV of property received

b. a corp is redeeming all of its stock in a series of distributions

c. corps will report gains if the assets it distributes have a FMV>basis

d. corporations will report losses if assets it distributes have a FMV

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