Which of the Following Is Not a §1245 Asset If

question 107

Multiple Choice

Which of the following is not a §1245 asset if held for more than one year?

• A)Machinery.
• B)Automobile.
• C)Business cell phone.
• D)Land.
• E)None of the choices are correct.

---

Definitions:

Conditioned Response

A learned reaction or behavior in response to a conditioned stimulus.

Red Light

A red light is commonly used in traffic signals to indicate a command to stop, or it can also refer to a wavelength of light perceived as red.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, evokes a conditioned response.

Neutral Stimulus

An object or event that initially produces no specific response other than focusing attention, until it is associated with a significant event.