You will write a 1000-1500 word response to your chosen paper topic from the list below. See Course Outline for the due date. 

This assignment is worth 300 points, or 30% of your grade. 

DO NOT USE ANY SOURCES OTHER THAN THE DALRYMPLE ARTICLE AND YOUR TEXTBOOK.

YOU WILL ATTACH A FILE IN THE BOX AT THE BOTTOM OF THIS PAGE. 

Learning Objectives:

Students will demonstrate their ability to construct arguments about issues of both personal and universal significance. Their writing should demonstrate that they can construct cogent, concise, and logically coherent arguments.

Assessment:

Students should demonstrate that they can distinguish the relevant points that form a logically coherent argument. They should also be able to construct criticisms which effectively undermine, through the use of appropriate counter-examples, some premise of that argument. 

Your assignment is to read any ONE of the following articles:

Ibsen and His Discontents

Roads to Serfdom

Reader, She Married Him, Alas

Then, FOR THE ARTICLE YOU CHOOSE TO WRITE ON, you will type a 1000-1500 word response in which you address EACH of the following points IN YOUR OWN WORDS: 1) What is the author’s main argument? 2) How does he support his main argument (evidence, ancillary arguments, etc.)? 3) Do you agree or disagree with him? 4) Why or why not? 5) Apply the insights of at least two of the philosophers we have studied in this course to your analysis. Make sure to give a substantive explanation of how the philosophers’ insights are relevant to the topic you are discussing.

A WORD OF WARNING: These articles are rather long and complex. The author likes to make extensive use of his rather copious vocabulary, so Istrongly urge you to have dictionary.com handy as you work your way through your chosen article. The purpose of this essay assignment is for you to demonstrate your ability to discuss, analyze, and evaluate complex philosophic arguments. I am confident that the reading assignments, tests, and discussion boards will have prepared you for this final, and no doubt challenging, essay assignment.

Note: I only allow one attempt on this assignment. Students who do not fully address all of the components of the assignment as stated in the instructions as well as the grading rubric below will have to be content with the grade they earned. 

Please use MLA format.

Your paper will be graded according to the following rubric: Grading Rubric:

The following standards are numbered in order of importance for grading. 

1.Essay demonstrates an understanding of the material: The student has correctly grasped a philosophical problem or question, has explained it accurately, and on the basis of a substantially correct interpretation of any texts involved. Key terms are used correctly. The essay shows evidence of the student’s independent thought, and is written in his or her distinctive voice. Short (one sentence) quotations are used (comprising no more than 10% of the body of the paper), when appropriate, to support the writer’s analysis, and an explanation is offered for each quotation. The use of block quotations will result in a severe point deduction.

95 points

2.Essay has clear and coherent argument: There is a clearly stated thesis, and support for this thesis in the body of the paper. Each paragraph contributes to this argument, and follows logically from the paragraph before it. The argument presented is persuasive. The insights of two other philosophers are incorporated into the analysis.

95 points

3.Essay fulfills assigned task: The essay addresses the entire assigned question or topic, elaborating on important ideas in satisfactory depth, but without bringing in anything extraneous or irrelevant. The introduction of the essay focuses and provides clarity for the paper. Important terms are clearly and accurately defined. Each paragraph conveys a coherent, organized thought. Short (one sentence) quotations are occasionally used, when appropriate, to support the writer’s analysis, and an explanation is offered for each quotation. No more than 10% of paper is made up of direct quotes. No block quotations. 

40 points

4.Essay obeys standards for good persuasive writing: the writer shows that he or she is comfortable using philosophical language, and the prose is clear, not awkward. The structure of the sentences reflects the relationships between/among the ideas discussed. 

40 points

5.Essay is technically correct: The essay has been carefully and thoughtfully proofread. The argument is written in complete sentences, with punctuation that does not mislead the reader. There are no mistakes in spelling, grammar, word choice, and punctuation.    

 30 points

The key to attracting potential users, or even possibly nonusers, is ________. understanding the reasons they are not using offering financial incentives for first-time use increasing the usage rate of existing users developing a new product that better meets their needs increasing advertising expenditures

63) Mario and Lupita form a corporation in
a transaction coming under Sec. 351. Lupita transfers property with an adjusted
basis of $150,000 and an FMV of $200,000 in exchange for one-half of the stock.
The property has an $80,000 mortgage, which the corporation assumes. The
corporation’s basis in the property is
A) $200,000.
B) $150,000.
C) $80,000.
D) $130,000.

64) Lynn transfers land having a $50,000
adjusted basis, an $80,000 FMV, and $10,000 cash to Allied Corporation in
exchange for 100% of Allied’s stock. The corporation assumes the $70,000
mortgage on the land. Which of the following statements is correct?
A) Lynn recognizes no gain and the stock
basis is $60,000.
B) Lynn recognizes a $10,000 gain and the
stock basis is $60,000.
C) Lynn recognizes no gain and the stock
basis is $50,000.
D) Lynn recognizes a $10,000 gain and the
stock basis is zero.

65) Identify which of the following statements
is true.
A) The transferee corporation’s
acquisition or assumption of liabilities in excess of the total adjusted bases
of the properties transferred by a transferor results in a gain recognition by
the transferor.
B) When a transferor exchanges a mortgaged
property under Sec. 351 and the amount of the mortgage is greater than the
transferor’s basis in the property, the transferor’s basis in the stock
received will be equal to the basis the transferor had in the mortgaged
property.
C) When forming a corporation, the
accounts payable of a transferor’s business are not liabilities for gain
computation purposes if the transferor’s business uses the accrual method of
accounting.
D) All of the above are false.

66) Martin operates a law practice as a
sole proprietorship using the cash method of accounting. Martin incorporates
the law practice and transfers the following items to a new, solely owned
corporation.

Adjusted Basis

FMV

Cash
Equipment
Accounts
receivable
Accounts
payable (deductible expenses)
Note payable
(on equipment)

$10,000
80,000
0
0
50,000

$ 10,000
100,000
120,000
60,000
50,000

Martin must recognize a gain of ________
and has a stock basis of ________:
A) $0; $30,000
B) $0; $40,000
C) $20,000; $30,000
D) $20,000; $40,000

67) Silvia transfers to Leaf Corporation a
machine she had purchased a year ago for $50,000. The machine has a $40,000
adjusted basis and an $55,000 FMV on the transfer date. $10,000 in depreciation
was claimed by Silvia prior to the transfer. Silvia receives all 1,000 shares
of Leaf Corporation stock worth $50,000 and a two-year note with a $5,000 FMV.
What is the amount and character of the recognized gain or loss?
A) $15,000 ordinary income
B) $15,000 capital gain
C) $5,000 ordinary income
D) $5,000 capital gain

68) Jeremy operates a business as a sole
proprietorship. The proprietorship uses the cash method of accounting. He
decides to incorporate and transfers the assets and liabilities of the sole
proprietorship to the newly formed corporation in exchange for its stock. The
assets, which include $10,000 of accounts receivable with a zero basis, have a
basis of $20,000 and an FMV of $40,000. The liabilities include accounts
payable of $12,000, which will be deductible when paid, and a note payable on
medical equipment of $7,000. Jeremy’s basis for his stock is
A) $40,000.
B) $20,000.
C) $13,000.
D) $8,000.

69) Colleen operates a business as a sole
proprietorship. She purchased a computer for $10,000 last year. The computer is
five-year recovery property for MACRS purposes and is depreciated under the
regular MACRS rules. This year, Colleen incorporates the business and transfers
the computer to the new corporation on July 20. The depreciation on the
computer for this year allocable to the sole proprietorship is
A) $1,868.
B) $1,600.
C) $1,333.
D) $500.

70) Identify which of the following
statements is true.
A) The transferor must recapture
depreciation when exchanging Sec. 1245 property in all transactions coming
under Sec. 351.
B) A corporation receiving property in a
Sec. 351 exchange can select any MACRS depreciation method for the asset.
C) When depreciable property is
transferred to a corporation in a Sec. 351 exchange in which no gain is
recognized, the corporation must continue to use the transferor’s depreciation
method and recovery period for the property.
D) All of the above are false.

71) Identify which of the following
statements is true.
A) The assignment of income doctrine
requires a cash method of accounting for a transferor/shareholder to recognize
income when accounts receivable are transferred by the shareholder to the
corporation in a Sec. 351 exchange in which no gain is otherwise recognized.
B) The assignment of income doctrine is a
legislative requirement that income be taxed to the person who earns it.
C) The assignment of income doctrine does
not apply if the transferor in a Sec. 351 exchange in which no gain is
otherwise recognized transfers when a sole proprietor transfers substantially
all the assets and liabilities of the transferor’s trade or business to a
controlled corporation.
D) All of the above are false.

72) A medical doctor incorporates her
medical practice, which is operated as a sole proprietorship. The
proprietorship uses the cash method of accounting. Among the assets contributed
to the new corporation are unrealized receivables worth $40,000. The
receivables are collected by the corporation. Which of the following statements
is correct?
A) The $40,000 of receivables is included
as ordinary income on the doctor’s personal income tax return when collected by
the corporation.
B) The doctor must include the $40,000 as
ordinary income in her personal income tax return at the time of incorporation.
C) The $40,000 of receivables is included
as ordinary income in the corporation’s income tax return at the time of
incorporation.
D) The $40,000 of receivables is included
as ordinary income in the corporation’s income tax return when collected.

73) The City of Springfield donates land
worth $250,000 to Deuce Corporation to induce it to locate in Springfield and
provide 1,000 jobs for its citizens. How much gross income must Deuce
Corporation recognize because of the land contribution, and what is the land’s
basis to Deuce Corporation?
A) $250,000 income; $250,000 basis
B) $250,000 income; $0 basis
C) $0 income; $250,000 basis
D) $0 income; $0 basis

74) The City of Portland gives Data
Corporation $60,000 cash and land worth $100,000 to induce it to move. The cash
was not spent during the 12 months following contribution. The contribution
results in
A) income recognition in the amount of
$160,000 to the corporation at the time of contribution.
B) income recognition in the amount of
$60,000 to the corporation 12 months after the time of contribution.
C) a zero basis in the land and $60,000
ordinary income to the corporation 24 months after the time of contribution if
the cash is not used to purchase an asset.
D) a zero basis in the land and a $60,000
basis reduction in other assets.

75) Identify which of the following
statements is true.
A) Property contributions to a corporation
by nonshareholders will result in income recognition by the corporation if the
contributed property is subsequently sold.
B) Section 1244 ordinary loss treatment is
available to any shareholder.
C) A taxpayer must make a special election
to take advantage of Sec. 1244.
D) All of the above are false.

76) Ralph and Yolanda purchased 20% of the
initial offering of Major Corporation common stock for $150,000. Major
Corporation is a qualifying small business corporation and the stock qualifies
as Sec. 1244 stock. Ten months later, Major Corporation files for bankruptcy
and the shareholders are notified that the stock is worthless. Ralph and
Yolanda, who are married and file a joint return, have a
A) $150,000 ordinary loss.
B) $150,000 capital loss.
C) $100,000 ordinary loss; $50,000 capital
loss.
D) $100,000 ordinary loss; $50,000
ordinary loss carryforward.

77) Yenhung, who is single, forms a
corporation using a tax-free asset transfer, which qualifies under Sec. 351.
She contributes property having an adjusted basis of $50,000 and an FMV of
$40,000. The stock received from the corporation is Sec. 1244 stock. When
Yenhung sells the stock for $30,000, her loss is
A)

Ordinary
loss

Capital loss

$ -0-

$20,000

B)

Ordinary
loss

Capital loss

$10,000

$10,000

C)

Ordinary
loss

Capital loss

$20,000

$ -0-

D)

Ordinary
loss

Capital loss

$10,000

$ -0-

Project instructions:
A 5 page analytical-style research paper is to be developed evaluating current research on issues affecting (2006 to present) either the non-profit or for-profit

sectors in one of the following areas (I choose “21st Century Ethics and Organizations”). Click here for more on this paper……. Click here to have a similar A+ quality paper done for you by one of our writers within the set deadline at a discounted

Before you can narrow your topic and develop a thesis you must conduct a

significant amount of preliminary research for current Academic Journal articles.

> 21st Century Ethics and Organizations

Must contain an abstract/executive summary
Multiple sources (4 ? 6), high quality scholarly sources (peer-reviewed journals must compromise at least 4 of the sources) Click here for more on this paper……. Click here to have a similar A+ quality paper done for you by one of our writers within the set deadline at a discounted

Properly referenced using APA style
Focus, focus, focus
Criteria for grading: Research, Communication (writing, editing, referencing), Analysis and value-added Click here for more on this paper……. Click here to have a similar A+ quality paper done for you by one of our writers within the set deadline at a discounted

In 2013, Lisa and Fred, a married couple, have taxable income of $300,000. If they were to file separate tax returns, Lisa would have reported taxable income of $125,000 and Fred would have reported taxable income of $175,000. What is the couple’s marriage penalty or benefit?