Justin, Who Is Single, Sells His Principal Residence That He

question 23

Multiple Choice

Justin, who is single, sells his principal residence that he has owned and occupied for the past five years.His adjusted basis for the residence is $90,000.He incurred selling expenses of $10,000.How much gain must Justin recognize if sells the residence for $390,000?

• A)0
• B)$40,000
• C)$50,000
• D)$290,000

Comprehending the implications of self-esteem on happiness, relationship, and achievement.

Differentiating between the determinants of behavior in psychoanalytic and humanistic theories.

Identifying the process and significance of self-actualization in humanistic psychology.

Understanding the role of conditions of worth in shaping personality and behavior.

---

Definitions:

Selective Deafness

A psychological condition where an individual may unconsciously ignore or not process auditory information or sounds that they find distressing or overwhelming.

Feature Detectors

Feature detectors are specialized neurons in the brain that identify specific elements of a sensory input, such as edges, lines, or movements, helping to interpret complex stimuli.

Weber's Constant

A principle in psychology that quantifies the perception of change in a given stimulus, stating that the ratio of the increment threshold to the background intensity is constant.

Hue

The color of light, as determined by its wavelength.