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In order to be considered Sec.1231 property,all of the following livestock must be held for 12 months or more from date of acquisition except
Chunking Effect
A cognitive process that enhances memory by breaking information down into smaller, manageable units or chunks.
Primacy Effect
The tendency to remember information at the beginning of a list better than information that comes later.
Serial Position Effect
A cognitive phenomenon whereby items at the beginning and end of a list are more easily remembered than those in the middle.
Encoding Specificity Effect
The principle stating that the recall of information is higher if the cues present at the time of encoding are also present at the time of retrieval.
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