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Which automatic exposure device works by using a gas-filled chamber?
Fair Market Value
The price that property would sell for on the open market, often used in the context of real estate and tax assessments.
Recognized Gain
The amount of gain that is subject to tax in the year of a transaction.
Realized Gain
The profit earned from the sale of an asset, such as stocks, bonds, or real estate, which becomes taxable when the asset is sold.
Selling Expenses
Expenses incurred directly or indirectly in making a sale, such as commissions, advertising costs, and shipping expenses.
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