Which of the Following Does Not Ultimately Result in a Capital

question 68

Multiple Choice

Which of the following does not ultimately result in a capital gain or loss?

• A)Sale of a personal use asset.
• B)Sale of inventory.
• C)Gain on equipment used in a trade or business and held for more than one year, if it is the only asset sale during the year.
• D)Sale of capital stock in another company.
• E)None of the choices are correct.

---

Definitions:

Superordinate Goal

A shared goal that cannot be achieved by any one group alone and requires cooperative effort, often used to reduce conflict between groups by emphasizing common interests.

Level Of Cooperation

The extent to which individuals or groups within an organization or community are willing to work together towards common goals or interests.

One Leader

A leadership style or situation where a single individual exercises authority and makes decisions for a group or organization.

Team

A group of individuals working together towards a common goal, leveraging various skills, experiences, and perspectives for collective success.