Which of the Following Happens When You Sell an Asset

question 59

Multiple Choice

Which of the following happens when you sell an asset for more than you paid for it?

• A) Capital gain.
• B) Capital loss.
• C) Dividends.
• D) You break even on the sale.

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Definitions:

Obstructionist Strategy

A corporate approach where a company takes actions to block or delay certain policies or initiatives, often for strategic or competitive reasons.

Social Responsibility

The obligation of individuals, groups, or entities to act for the benefit of society at large, often evidenced by sustainable practices, philanthropy, and ethical behavior.

Economic Responsibility

The obligation of an organization or individual to act in ways that are financially beneficial and not harmful to the economy.

Minimum Ethically Required

The lowest standard of behavior expected of individuals or organizations, based on ethical principles and societal norms.