A Bottleneck May Be Dangerous to a Population Because

question 26

Multiple Choice

A bottleneck may be dangerous to a population because:

• A)the potential for natural selection is greatly increased.
• B)mutation rate is increased.
• C)genetic variability is diminished.
• D)mutation rate is decreased.

Acknowledge different types of bonds and their characteristics.

Realize the operational and legal aspects of bond issuance and management.

Interpret the tax implications and unique features of zero coupon bonds.

Explain the financial strategies behind certain bond features such as convertibility and call provisions.

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Definitions:

Like-kind Treatment

A tax deferral for exchanges of business or investment properties of similar nature, per Internal Revenue Code Section 1031.

Involuntary Conversion

A loss or destruction of property that is unexpected and not initiated by the property owner, which can have tax implications for gains received from insurance or other compensation.

Qualifying Replacement Property

Property that is acquired to replace a property involved in an involuntary conversion, and meets certain criteria to defer recognition of gain for tax purposes.

Exclusion of Gain

A provision that allows taxpayers to exclude some or all of the gains from the sale of certain assets from their taxable income.