Most Fat Cells in the Body Are Located in the Dermis

question 86

True/False

Most fat cells in the body are located in the dermis.

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Definitions:

Section 1231 Gain

The profit from the sale or exchange of real or depreciable property used in a business and held longer than one year.

Preferential Rates

Special, often lower, tax rates applied to certain types of income, such as capital gains or dividends, as an incentive or benefit.

Gross Assets

The total value of all assets owned by a company, individual, or entity before subtracting any liabilities.

Section 1202

A section of the Internal Revenue Code providing an exclusion from federal income tax for gains from certain small business stock held for more than 5 years.