Definition of fair market value differs from the regulaton

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Questions:

1. How does the statutory definition of "fair market value" differs from the regulatory definition?

2. What are four examples of documentation that can be used to demonstrate fair market value?

3. In the case US ex rel Goodstein v. McLaren Regional Medical Center, did the court find that the parties engaged in an arms' length transaction?

a. What factors supported the court's conclusion?

4. What are three factors that Shocksville Regional Medical Center should take into consideration to determine whether this arrangement is commercially reasonable if they are thinking of hiring a local cardiologist to serve as Chief of Electrophysiology.

5. What evidence did the plaintiffs in US ex rel. Villafane v. Solinger present to support their contention that the physicians' salaries were not at fair market value (FMV)?

Reference no: EM133610337

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