Match the Following Items with the Statements That Follow

Match the following items with the statements that follow. Terms may be used more than once.
-Shareholders recognize gain to the extent the restructuring qualifies as a redemption.

A) Boot
B) Business credits
C) Capital gain
D) Continuity of business enterprise
E) Continuity of interest
F) Dividend
G) Discount rate
H) Earnings and profits
I) Federal long-term tax-exempt rate
J) Liability assumption
K) Ordinary gain
L) Ownership change
M) Section 382 limitation
N) Sound business purpose
O) Step transaction