An Example of an Asset That Is Both Personal-Use and Personal

question 36

Multiple Choice

An example of an asset that is both personal-use and personal property is:

• A)A computer used solely to email company employees regarding company activities.
• B)A storage building used by the CEO to store personal records.
• C)A computer used solely to monitor the CEOs investments and to complete her Form 1040.
• D)<p>A company airplane used by the CEO <!--Markup Copied from Habitat--> for business travel.P1P1_E
• E)All of the assets are personal-use and personal property.

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Definitions:

Popliteal Fossa

The shallow depression located at the back of the knee joint, containing nerves and blood vessels.

Olecranon Process

The bony prominence of the ulna at the elbow, which forms the point of the elbow and serves as an attachment for muscles.

Thenar Eminence

The muscular bulge on the palm of the hand at the base of the thumb, composed of short muscles that control thumb movements.

Cubital Fossa

The cubital fossa is the triangular area on the anterior aspect of the human arm immediately distal to the elbow; it is bordered by the brachioradialis, pronator teres muscles, and the imaginary line connecting the epicondyles of the humerus.