Review each situation below and determine whether or not it meets the Sec. $351$ control requirement.$$Respond yes or no$.$

Cary transfers property to Grant Corp in exchange for $80\%$ of its stock, and Mary provides services to Grant for the remaining $20\%$ of its stock.$$ Question Blank $1$ of $4$

Adam transfers property to Train Corp in exchange for $60\%$ of the company's stock, and Scott transfers property worth $$40,000$ and performs services worth $$3,900$ for the remaining $40\%$ of the company's stock. $$Question Blank $2$ of $4$

$$Fred and his wife Wilma own $50$ shares each of the $100$ shares of Vast Corp stock. In the current year,$$ Sam transfers property to Vast for $50$ new shares of Vast Stock$$ Question Blank $3$ of $4$

$$Keri and Russell develop a plan to form KRC Corp. On August $31$ of this year, Russell transfers property worth $$50,000$ in exchange for $50$ shares of the company stock. On November $1,$ Keri transfers $$50,000$ cash for $50$ shares of the stock. $$Question Blank $4$ of $4$