Which of the following statements is true?

a. A taxpayer's personal residence qualifies for a like-kind exchange.
b. A taxpayer who sells a personal residence may always exclude the realized gain from taxable income.
c. A one-time election is available to taxpayers 55 years of age or older which allows them to sell their personal residences and to exclude all of the realized gain.
d. None of the above are true.
e. All of the above are true.


d

Business

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Answer the following statements true (T) or false (F)

1. Status is a common value held in the workplace.  2. A value is a learned predisposition toward a specific object.  3. Attitudes are abstract ideals that are directed toward all objects, people, or events consistently over time and related situations.  4. The affective component of an attitude consists of the feelings or emotions one has about a situation. 

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What is sales promotion? What are the various factors that have contributed to the rapid growth of sales promotion in consumer markets?

What will be an ideal response?

Business

According to the Dodd-Frank legislation, Federal Deposit Insurance Corporation-insured institutions are allowed to have only ________ percent of their capital invested in hedge funds and private equity funds

A) 2 B) 3 C) 4 D) 5

Business

The simple moving average forecast _________.

a. Weights each period equally b. Weights recent demand more lightly c. Weights recent demand more heavily d. Gives each period a weight of zero

Business