Which of the Following Comparisons Is Correct

question 74

Multiple Choice

Which of the following comparisons is correct?

• A)Both individual and corporate long-term capital losses carryover as short-term capital losses.
• B)Individuals may only carry forward capital losses for five years; corporations may carry forward capital losses indefinitely;
• C)Both individuals and corporations may use the 15% tax rate on net capital gains.
• D)Corporations may carry back capital losses; individuals may not.

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Definitions:

Troposphere

The troposphere is the lowest layer of Earth's atmosphere, extending from the Earth's surface up to about 8 to 15 kilometers, where most weather phenomena occur.

Human Health

The state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.

Acid Rain

Precipitation with a lower pH than normal, caused by emissions of sulfur dioxide and nitrogen oxides from industrial processes and vehicles, which can harm ecosystems and human-made structures.

Secondary Pollutants

Pollutants that are not emitted directly into the air, but form when primary pollutants react in the atmosphere.