The ability-to-bear criterion is considered superior when the purpose of cost allocation is motivation

When boot is involved in an exchange having commercial substance.

a. gains or losses are recognized in their entirely. b. a gain or loss is computed by comparing the fair value of the asset received with the fair value of the asset given up. c. only gains should be recognized. d. only losses should be recognized.

Which of the following is a reason to have a corporate code of ethics?

A) to avoid having to respond to media inquiries about transgressions B) to increase profits for publicly-owned businesses C) to increase public confidence D) to influence legislators to pass more up-to-date reform bills