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If the Partnership Properly Makes an Election for Treatment of a Specific

question 57

True/False

If the partnership properly makes an election for treatment of a specific tax item, the partner is bound by that treatment.


Definitions:

Heterozygous

Describes an organism that carries two different alleles of a particular gene, one inherited from each parent.

Locus

The specific fixed position of a gene or DNA sequence on a chromosome, serving as a map reference for genetic studies.

Diploid

Referring to cells that contain two sets of chromosomes, one set inherited from each parent, typical of most body cells except for gametes.

Locus

A specific location or position on a chromosome where a particular gene or genetic marker is situated.

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