Ron's Building,which Was Used in His Business,was Destroyed in a Fire.Ron's

question 73

Multiple Choice

Ron's building,which was used in his business,was destroyed in a fire.Ron's adjusted basis in the building was $210,000,and its FMV was $330,000.Ron filed an insurance claim and was reimbursed $300,000.In that same year,Ron invested $240,000 of the insurance proceeds in another business building.Ron's basis in the new building is

• A)$180,000.
• B)$210,000.
• C)$240,000.
• D)$330,000.

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Definitions:

Audience Resistant

Refers to listeners or readers who are skeptical of, or opposed to, the message being communicated.

Indirect Approach

A communication strategy that employs a more roundabout or subtle way of making a point, rather than stating it outright.

Analyzing Audience

The process of understanding the characteristics, needs, and expectations of the audience to whom a message is directed.

Common Ground

Shared beliefs, knowledge, or interests that make communication more effective and cooperative.