Vertigo, Inc

question 17

Multiple Choice

Vertigo, Inc., has a 2014 net § 1231 loss of $64,000 and had a $32,000 net § 1231 gain in 2013. For 2014, Vertigo's net § 1231 loss is treated as:

• A) Ordinary loss.
• B) Ordinary gain.
• C) Capital loss.
• D) Capital gain.
• E) None of the above.

---

Definitions:

Environmental Factors

External elements that can influence development, health, and behavior, including climate, pollution, and social conditions.

Motor Skills

The abilities required to coordinate and execute physical actions and movements, such as walking, running, and writing.

Genetic Factors

Genetic factors are hereditary influences passed down from parents to offspring that can affect various traits and diseases.

Basic Motor Skills

Fundamental movements such as grasping, moving, and coordination that are typically developed during childhood.