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A Used $35,000 Automobile That Is Used 100% for Business

question 11

True/False

A used $35,000 automobile that is used 100% for business is placed in service in 2019.If the automobile fails the
50% business usage test in the second year, no cost recovery will be recaptured.


Definitions:

Benzophenone

An organic compound used primarily as a photoinitiator in polymer chemistry and as a flavor or fragrance additive, characterized by its ketone attached to two benzene rings.

Electrophile

A chemical species that is attracted to electrons and tends to accept electrons during a chemical reaction.

Acetophenone

An organic compound, characterized as the simplest aromatic ketone, used as a precursor to fragrances and resins.

o,p-positions

Refers to the ortho and para positions in a benzene ring, which are locations relative to a reference point on the ring.

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