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Within the arm action component for the takeoff phase of the standing long jump (component approach), a child exhibiting "arm winging" would be at a development level of Step 2.
Ordinary Gain
Ordinary gain refers to the profit that arises from the sale of an asset or property, which is taxable at standard income tax rates.
Receivables
Money owed to a business by its clients or customers for goods or services that have been delivered but not yet paid for.
Artistic Works
Original items or creations, like paintings, music, literature, etc., often protected by copyright law.
Capital Assets
Long-term assets such as property, plant, and equipment that are used or held for investment purposes, the sale of which results in capital gains or losses.
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