The General Rule Is That a Net Section 1231 Loss

question 95

True/False

The general rule is that a net Section 1231 loss is treated as a capital loss and a net Section 1231 gain is treated as ordinary income.

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Professional Ethics

Moral principles that govern the behavior of professionals in their fields.

Knowledge And Skills

The combination of theoretical understanding and practical abilities that an individual possesses.

Professional Ethics

Moral principles and standards that govern behaviors and actions within a professional context.

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This term is about directing or recommending specific actions or conduct, often used in a therapeutic or behavioral intervention context.