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    Fundamentals of Taxation
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    Exam 7: Capital Gains and Other Sales of Property Schedule D and Form 4797
  5. Question
    Which One of the Following Is Section 1231 Property
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Which One of the Following Is Section 1231 Property

Question 101

Question 101

Multiple Choice

Which one of the following is Section 1231 property?


A) Accounts receivable.
B) Copyright owned by an author.
C) Inventory.
D) A building used in a trade or business.

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