Identify Which of the Following Statements Is True

question 72

Multiple Choice

Identify which of the following statements is true.

• A) Properties acquired by a liquidating corporation as a capital contribution occurring within three years of the adoption of a plan of liquidation are generally presumed to have a tax avoidance motive.
• B) The loss realized on the sale of a property is disallowed when such property was received by a corporation as a contribution of capital in a transaction having as its principal purpose the recognition of loss pursuant to the corporation's subsequent liquidation later in the same taxable year.
• C) Losses claimed in a tax return filed before the adoption of the plan of liquidation are not restricted by Sec. 336(d)(2).
• D) All of the above are false.

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Definitions:

Sex Therapy

A form of psychotherapy aimed at addressing concerns related to sexual function, sexual feelings, and intimacy, often involving education, counseling, and behavioral exercises.

Personality Problems

Issues or difficulties in an individual's personality traits that can lead to psychological distress or impaired social functioning.

Spectator Role

A psychological concept where an individual becomes a detached observer of their own actions or experiences, often in the context of sexual dysfunction.

Intercourse

Typically refers to sexual activity between individuals.