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  3. Study Set
    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 107

Question 107

Multiple Choice

Which one of the following is Section 1231 property?


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

Correct Answer:

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