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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 of the Following Is Section 1231 Property
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Which of the Following Is Section 1231 Property

Question 62

Question 62

Multiple Choice

Which of the following is Section 1231 property?


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

Correct Answer:

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