Identify Which of the Following Statements Is True

question 59

Multiple Choice

Identify which of the following statements is true.

• A)When a corporation donates appreciated capital gain property to a charity, the amount of the contribution deduction generally equals the property's FMV.
• B)When a corporation donates appreciated capital gain property to a private nonoperating foundation, the corporation's contribution is limited to the property's FMV minus the ordinary gain that would have resulted from the property's sale.
• C)When a corporation contributes appreciated property to a charity, the charitable contribution deduction is the property's FMV or adjusted basis, depending on the election made by the taxpayer.
• D)All of the above are false.

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Definitions:

Internal Validity

Psychological impact of the manipulations in an experiment.

Demand Characteristic

Features of an experimental setting that lead participants to guess the purpose of the study and adjust their behavior accordingly.

Lie Detector

A device used to assess whether a person is telling the truth by measuring physiological responses such as blood pressure, pulse, respiration, and skin conductivity.

Experimental Realism

The degree to which experimental procedures and settings are engaging and impactful to participants, affecting the generalizability of findings.