In 1971, a Small Group of Activists Sailed Out of Vancouver

question 10

Multiple Choice

In 1971, a small group of activists sailed out of Vancouver in a leaky fishing boat to "bear witness" to U.S. nuclear testing in the northerly Aleutian Islands. This reflects which stage of a social movement?

• A) Emergence
• B) Coalescence
• C) Bureaucratization
• D) Decline

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Definitions:

Excluded Gain

Profit from the sale of an asset that can be exempt from taxes, often related to home sales under specific Internal Revenue Code sections.

Recognized Gain

The portion of a capital gain on which taxes must be paid, typically realized when an asset is sold for more than its purchase price.

Adjusted Basis

The original cost of a property plus improvements and minus depreciation or damages, used to calculate capital gains or losses.

Fair Market Value

The price at which a property would sell under normal conditions in an open and competitive market.