Mona and her friends jack and bobby, all united states citizens, want to open a nail salon in tennessee. they would all like to avoid personal liability for debts of the business and for wrongful acts of each other. they would also like to avoid taxation as much as possible. mona is in favor of a corporation and asks if there is any problem with that form of business. jack and bobby say that they want to receive profit distributions and that they are concerned about excessive taxation with a corporation. jack and bobby urged the formation of a partnership even in the face of personal liability. mona did some research and suggested an s corporation to jack and bobby. would an s corporation provide the favorable tax treatment that the parties desire in a corporate form of business?

You would like to purchase one class a share of berkshire hathaway through your scottrade brokerage account. scottrade charges a ​$6 commission for online trades. you log into your​ account, check the​ real-time quotes for berkshire hathaway​ (you see a bid price of ​$262 comma 900 and an ask price of ​$263 comma 730​) and submit your order. a. what is the current​ bid/ask spread for berkshire hathaway class a​ shares? b. if scottrade routes your buy order to the​ nyse, where berkshire hathaway is​ listed, what's the potential minimum your total transaction costs will​ be? c.​ if, instead, scottrade routes your buy order to​ nasdaq, where berkshire hathaway is not​ listed, what's the potential maximum your total transaction costs will​ be? d. regardless of how your trade is​ executed, based on the​ bid/ask spread, what is the market value of your​ trade? a. the current​ bid/ask spread for berkshire hathaway class a shares is ​$ nothing. ​(round to the nearest​ dollar.)