yesterday i experienced boot in two different ways

būt


1. Protective footgear, as of leather or rubber, covering the foot and part or all of the leg.




2. Unlike property included to balance the value of like properties exchanged.Example: In an exchange of property under section 1031 of the internal revenue code, Collins exchanges her warehouse worth $1,000,000 and receives Baker's land worth $1,250,000. Collins pays $240,000 cash and a car worth $10,000 to boot in order to equalize the values of properties exchanged. The car and cash are boot .




Conclusion: Number one is more fun.

Comments

alexthegirl said…
the second one makes my head hurt just thinking about it.
December 18, 2008 at 1:40 PM
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