Currently, a Net Operating Loss Can Be Carried Forward Only

question 25

True/False

Currently, a net operating loss can be carried forward only (no carryback exists).

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Definitions:

Recombinant DNA

DNA molecules formed by laboratory methods of genetic recombination to bring together genetic material from multiple sources, creating sequences that would not otherwise be found in biological organisms.

Gene Cloning

DNA cloning to produce many identical copies of the same gene.

Ex Vivo Gene Therapy

A technique where cells are modified outside the body by introducing new genetic material, and then returned to the patient's body.

Huntington Disease

Autosomal dominant genetic disorder that affects the nervous system; results in a progressive loss of neurons in the brain.