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One theory suggests that positive emotions function to buffer people against future hard times by expanding people's attention and mindset (e.g., making them relatively creative, exploratory, and adventurous) . This theory is known as ____.
Adjusted Basis
is the original cost of a property adjusted for factors such as depreciation or improvements, used to calculate capital gains or losses.
Non-recognition of Gain
A tax principle that allows taxpayers to defer recognition of capital gains taxes if the gains are reinvested in similar property or under certain qualifying exchanges.
Involuntary Conversion
Involuntary Conversion is the process where property or an asset is destroyed, stolen, confiscated, or condemned, and the owner receives compensation, such as insurance proceeds or condemnation awards.
Gain
An increase in wealth, income, or value, often realized from investments or sales of assets.
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