When Describing the Practical Component,Sternberg Argues That an Intelligent Person

question 44

Multiple Choice

When describing the practical component,Sternberg argues that an intelligent person will

• A)be successful in all situations.
• B)score high on an IQ test.
• C)show outstanding abilities in the areas of music and interpersonal skills.
• D)shape an environment to better suit his or her skills.

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Definitions:

Automatic Extension

A granted period beyond the original due date for filing tax returns without needing to explain the reason for the delay.

FMV

Fair Market Value, the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.

Basis

The amount of investment in something for tax purposes, used to calculate gain or loss when the property is sold.

Taxable Gain

The increase in value of an asset or investment that is subject to taxes when sold or disposed of.