During 2017, Jackson Company purchased 17,000 shares of Monticello Corp. common stock for $382,500 as an investment. The fair value of these shares was $373,150 at December 31, 2017. Jackson sold all of the Monticello stock for $27.25 per share on July 3, 2018, incurring $15,000 in brokerage commissions. Jackson Company should report a realized gain on the sale of stock in 2018 of:

Several persons own property as tenants in common. One of the owners desires to sell the property whereas the other owners prefer to retain the property. If the parties cannot reach an agreement, which of the following actions would most likely be taken by the owner who wants to sell?

A. Force the remaining owners to buy his or her interest. B. File a partition action. C. File a foreclosure actions. D. Rent his/her interest to the others.

A company decides to establish a relationship with a local company in order to better its business in a foreign country. The company must choose joint ventures ahead of mergers and acquisitions if it wants to ________

A) establish a company that is totally different B) create a single management structure C) create a unified business structure D) establish a well-structured arrangement E) avoid disrupting the original companies too much