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    Business
  3. Study Set
    Fundamentals of Taxation
  4. Exam
    Exam 7: Capital Gains and Other Sales of Property Schedule D and Form 4797
  5. Question
    Ordinary Gains or Losses Produced Outside the Normal Course of Business
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Ordinary Gains or Losses Produced Outside the Normal Course of Business

Question 36

Question 36

True/False

Ordinary gains or losses produced outside the normal course of business relate to the sale of business property held less than one year and do not include the sale of accounts receivable.

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