Choose the Word or Phrase in [ ] Which Will

question 40

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Tax on capital gains is paid [as the stock appreciates | in the year the stock is sold].

---

Definitions:

Misappropriate

Incorrectly or dishonestly taking something, usually money or property, for one's own use, especially in violation of trust.

Blindsight

A condition in which individuals can respond to visual stimuli without consciously perceiving them, typically after brain damage.

Conscious Experience

The awareness of one's own thoughts, feelings, and perceptions in the present moment.

Cortical Structures

The parts of the brain involved in higher brain functions, including sensation, voluntary muscle movement, thought, reasoning, and memory.