Which One of the Following Is Not a Requirement of a Deferred

question 37

Multiple Choice

Which one of the following is not a requirement of a deferred like-kind exchange?

• A)The like-kind property to be received must be identified within 45 days.
• B)The exchange must be completed within the taxable year.
• C)The like-kind property must be received within 180 days.
• D)The exchanged property must be like-kind.
• E)All of the choices are correct.

---

Definitions:

Centration

Centration is a term from cognitive psychology describing a tendency to focus on one aspect of a situation while neglecting others, common in early childhood development.

Conservation

A cognitive ability, identified by Jean Piaget, that allows a person to understand that certain properties of objects remain the same despite changes in the object's form or appearance.

Scaffolding

Pedagogical technique that provides supportive structures and tools to aid learning, allowing students to perform tasks they cannot do independently.

Model Airplane

A scaled-down replica of an aircraft, used for display, hobby building, or flying competitions.