Which of the Following Is Not Correct

question 124

Multiple Choice

Which of the following is not correct?

• A)A union is a form of cartel.
• B)Union workers typically earn 25 to 33 percent more than similar nonunionized workers.
• C)The power of a union comes from its ability to strike if its demands are not met.
• D)Workers in unions reap the benefits of collective bargaining, while workers not in unions bear some of the cost.

Determine the tax consequences of wash sales and the disallowed loss rule.

Analyze the tax implications of like-kind exchanges.

Evaluate the impact of depreciation recapture on the sale of business equipment.

Grasp the principle of adjusted basis in involuntary conversions.

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