Energy Transfer by Convection Is Primarily Restricted to

question 52

Multiple Choice

Energy transfer by convection is primarily restricted to

• A) gases.
• B) liquids.
• C) fluids.
• D) solids.
• E) none of these

---

Definitions:

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders; it has rights, privileges, and liabilities independent of them.

FMV

Fair Market Value, the price that property would sell for on the open market.

Basis

The amount of investment in property for tax purposes; used to determine the gain or loss on the sale, exchange, or disposal of the property.

Taxable Gain

The profit arising from the sale or exchange of an asset that is subject to income tax.