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NEW QUESTION: 1
Harry, Barry, and Carrie incorporated their business, HBC and received 150 shares of stock each. They entered into a cross-purchase buy-sell agreement at this time. The agreement binds their estates to sell their shares of stock to the surviving shareholders. Each shareholder also agrees to purchase one-half of the shares held by the estate of the deceased shareholder. Assume Barry dies sometime later. Which of the following statements concerning this arrangement is (are) correct?
1.When the agreement is carried out, HBC will have 300 shares of stock outstanding.
2.Barry's estate will have additional liquidity to meet expenses and distribution requirements.
A. 2 only
B. Both 1 and 2
C. Neither 1 nor 2
D. 1 only
Answer: A
NEW QUESTION: 2
When configuring GPON services, which of the following options must be bound to the DBA template to take effect?
A. PON port
B. Gemport
C. service-port
D. Tcont
Answer: D
NEW QUESTION: 3
Which item does not belong to the software development cloud?
A. Data backup
B. Code inspection
C. Compiling and building
D. Project Management
Answer: A