Several years ago, John purchased 2,000 shares of Red Corporation's § 1244 stock from Mark for $40,000. Last year, John sold one-half of his Red Corporation stock to Mike for $12,000. During the current year, John sold the remaining Red Corporation stock for $3,000. John has a $17,000 ($3,000 – $20,000) ordinary loss for the current year. What's amount of loss can John can deduct for the current year?

$17,000 amount of loss can John can deduct for the current year

Explanation:

Given,

John paid 2,000 worth of Red Corporation's $1244 share

Mark for $40,000

Mike for $12,000

John sold the remaining assets of Red Company for $3,000.

John has a typical risk of $17,000 ($3,000 – $20,000) for the current year.

The given statement is False.

John did not purchase the stock from Red Corporation; thus, he will not have a balance of $1244.

He does have a long-term capital risk of $17,000.

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

mark brainliest!

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.