Sec1231 Property Will Generally Have All the Following Characteristics Except

question 51

Multiple Choice

Sec.1231 property will generally have all the following characteristics except

• A)real or depreciable property.
• B)used in trade or business.
• C)held for sale to customers.
• D)held for more than one year.

---

Definitions:

Edema

Swelling caused by excess fluid trapped in the body's tissues, often resulting from inflammation, injury, or medical conditions.

Thoracic Duct

The largest lymphatic vessel in the body, it transports lymph and chyle from the lymphatic system into the circulatory system.

Subclavian Vein

A major vein located under the collarbone that receives blood from the arm and parts of the neck and chest.

Lymph Drainage

The process by which the lymphatic system collects and removes bodily wastes and excess fluids from tissues.