Examlex
The nonrecognition of gains and losses under § 1031 is mandatory for gains and elective for losses.
OECD Convention
An international agreement established by the Organisation for Economic Co-operation and Development aimed at combating bribery of foreign public officials in business transactions.
Price Fixing
An agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand.
Criminally Liable
The legal responsibility for committing a crime, where an individual is subject to prosecution and potential punishment under criminal law.
Subjective Fault
A legal concept pertaining to the personal and individual blame or responsibility one has due to their own mental state or intentions.
Q1: Property which is classified as personalty may
Q6: In 2017, Tom is single and has
Q8: Because they appear on page 1 of
Q26: On January 10, 2017, Wally sold an
Q71: If investment property is stolen, the amount
Q87: Dick participates in an activity for 90
Q110: For § 1245 recapture to apply, accelerated
Q114: Lena is 66 years of age, single,
Q147: The current position of the IRS is
Q164: An exchange of two items of personal