Question: 5 points eBook Check my workCheck My Work button is now disabled 1 Item 1 8 Which of the following statement about private market transactions

5points
eBook
Check my workCheck My Work button is now disabled1
Item 18
Which of the following statement about private market transactions is false?
Multiple Choice
The parties are dealing at arm's length.
The parties must engage in unilateral instead of bilateral tax planning.
The parties negotiate directly with each other.
Both parties have flexibility in determining the legal and financial characteristics of the transaction.

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