Which of the following statements with respect to a like-kind exchange is false?
A. A sale of property and subsequent purchase of like-kind property will always qualify as a like-kind exchange.
B. An exchange of inventory does not qualify as a like-kind exchange.
C. Real property used in a trade or business can be exchanged for real property to be held for investment.
D. An exchange of a hotel in the United States for a hotel in Canada will not qualify.
Answer: A
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Which technique can help you compose effective images for a slide presentation or report?
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If your self-score on the conflict capability questionnaire is 17 points or higher, you:
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a. True b. False Indicate whether the statement is true or false