What is alternative value?
Alternate Value means the average purchase price per share paid by the Shareholder to the Corporation for purchase of shares from the Corporation, as the same may be adjusted equitably from time to time to give effect to any stock splits, stock dividends, reclassifications, or reverse stock splits or combinations that …
What is the meaning of alternative use in economics?
alternative use of resorces means simply the diffrent ways in which a resource can be used. Example- the alternative uses of land are- 1.it can be used to grow crops. 2.it can be used to build school. 3.it can be used to built office.
What is the example of alternative uses?
Alternative uses means [using] when a person uses litter or other animal manure in environmentally acceptable ways, as determined by the Department, other than by direct land application in an unprocessed form.
Which is the best definition of value?
1 : the monetary worth of something : market price. 2 : a fair return or equivalent in goods, services, or money for something exchanged.
How is the alternative valuation date determined?
Alternate valuation can be elected on a timely filed return or on an original return that is not delinquent by more than one year. If alternate valuation is elected, the values of the assets on both the date of death and the alternate valuation date must be shown (see Form M30-1 in the forms section).
When can you use the alternative valuation date?
Date of Alternate Valuation If the alternate date is elected, all estate assets are valued six months after the date of death. The exception to this is if an asset is sold, exchanged, distributed to a beneficiary, or otherwise disposed of within six months of death.
What is meant by alternative uses?
Alternative Use means a use that could not reasonably be made of the property before the loss. Exception: New equipment may have standard features that were unheard of when the lost or damaged equipment was acquired. Those are improvements you cannot avoid. They are not alternative uses. Sample 1.
What is meant by alternative uses of resources your answer?
Alternate use of resources mean more than one uses to which a resource can be put and imply that resource can be used only for one purpose at a time. Related Question & Answers.
What do you mean by alternative?
Definition of alternative (Entry 1 of 2) 1 : offering or expressing a choice several alternative plans. 2 : different from the usual or conventional: such as. a : existing or functioning outside the established cultural, social, or economic system an alternative newspaper alternative lifestyles.
What is the alternate uses task?
In the Alternative Uses Task (AUT), developed by Torrance [21], the participant is asked to generate as many alternative uses as possible for a common object such as a pen, a brick, or a paperclip. For instance, alternative uses for a brick could include a bed riser, a place mat, or a weapon.
What is value and its types?
Values are standards or ideals with which we evaluate actions, people, things, or situations. Beauty, honesty, justice, peace, generosity are all examples of values that many people endorse. In thinking about values it is useful to distinguish them into three kinds: Personal values: values endorsed by an individual.
What is the purpose of the alternate valuation date?
Instead of using the value of assets on the date of death for estate tax purposes, the executor may elect an “alternate valuation” date of six months after the date of death. This election could effectively lower an estate’s federal estate tax bill.
Is alternate valuation date irrevocable?
If the alternate valuation date is to be used, the election is required to be made on the estate tax return (Form 706). The election is irrevocable and may be made if the estate tax return is filed within one year from the due date of the estate tax return (including extensions).
What is the alternate valuation method?
Alternate valuation method refers to the valuation of the gross estate of a decedent for estate tax purposes as of a date other than that of his death, usually one year after the date of his death.
What assets Cannot use alternate valuation date?
The value on an alternate date must include the entire estate and cannot be applied to selected assets owned by an estate. An exception to this rule applies to any assets sold between the date of death and the alternate valuation date.
What do you mean by alternative use of resources Brainly?
Answer: alternative use of resources means simply the different ways in which a resources can be used. example: the alternative use of land ar-1 it can use for grow crops.
What is meant by alternative products?
Alternative Product means a product of a manufacturer other than Mobility, which possesses characteristics of quality, function, and performance comparable to a Product.
What is an alternative option?
An alternative plan or offer is different from the one that you already have, and can be done or used instead.
What does the alternate uses test measure?
The Alternative Uses Test is a means of evaluating divergent thinking abilities. The test requires subjects to list non- obvious uses for a common object. In our studies, participants were given three minutes to take this test using a paper clip as the object.
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