Juan, Not a Dealer in Real Property, Sold Land That

question 53

Multiple Choice

Juan, not a dealer in real property, sold land that he owned.His adjusted basis in the land was $700,000 and it was encumbered by a mortgage for $100,000.The terms of the sale required the buyer to pay Juan $200,000 on the date of the sale.The buyer assumed Juan's mortgage and gave him a note for $900,000 (plus interest at the Federal rate) due in the following year.What is the gross profit percentage (gain ÷ contract price) ?

• A)$700/$1,100 = 63.64%.
• B)$500/$1,200 = 41.67%.
• C)$700/$1,200 = 58.33%.
• D)$500/$1,100 = 45.45%.
• E)None of these.

Identify the purposes and uses of the DSM-IV-TR in diagnosing psychological disorders.

Differentiate between various models of abnormal behavior (biological, psychodynamic, cognitive).

Recognize the criteria used to define and diagnose abnormal behavior and psychological disorders.

Identify the legal and clinical distinctions between terms used in the context of mental health.

---

Definitions:

Child Aggression

Hostile or violent behavior exhibited by children towards others.

Developmentalists

Researchers or practitioners who study the psychological growth and development processes throughout the human lifespan.

Diana Baumrind

A developmental psychologist known for her research on parenting styles and their effects on children.

Social Competence

The ability of an individual to interact effectively with others in various social contexts, demonstrating acceptable and adaptive behavior.