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Which of the following best describes the facts as related below: An actual contraction of...

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Accounting

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Which of the following best describes the facts as related below: An actual contraction of the business can allow this type of redemption a. 303 b. All of the answers (except none of them) are right c. 302(b)(2) d. None of these answers are right e. 302(b)(4) f. 302(b)(3) g. 302(b)(1) What is Fred deemed to own based on the following of Slate Rock and Gravel, Inc.: Fred owns 30% Fred's son owns 20% Fred's ex-wife owns 5\% Fred's father owns 8% Fred's grandmother owns 4% Fred's grandson owns 3% Fred owns 20\% in Barney, Inc which owns 10% Fred owns 5% of Wilma and Betty LLC who own 20% a. 61% b. 81% c. 64% d. 69% e. 71%. f. 100%

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