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ETHICS Lisa is the sole proprietor of a business that man ufactures solar panels This...

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Accounting

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ETHICS Lisa is the sole proprietor of a business that man ufactures solar panels This Week Lisa was ap proached to exchange her business assets for shares in Burns Power. As part of the exchange, Lisa is requiring Burns Power to assume the home equity loan on her home. Do you think that ulsa should argue that there is no tax-avoidance motive in this arrangement? Suppose that Lisa established her business five years ago by in- vesting funds from a home equity loan. Does this make any difference? Searchentries or author Unread

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