Vector Inc

question 99

True/False

Vector Inc.'s office building burns down on October 31,2014.Vector,a calendar year taxpayer,finally settles with the insurance company on February 3,2015.In order to defer the gain realized on the building,Vector must acquire another office building by February 3,2017.

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Definitions:

Asymmetric Carbons

Carbon atoms bonded to four different groups, leading to molecules that can exist in two non-superimposable mirror image forms.

Trichloroheptane

A compound consisting of a seven-carbon chain heptane with three chlorine atoms attached, existing in several isomeric forms.

Diastereomers

Stereoisomers that are not mirror images of each other, differing in the spatial arrangement of atoms.

Enantiomers

Compounds that are non-superimposable mirror images of one another, often involved in chirality in organic chemistry.