Which of the Following Is the Correct Order in Which

question 28

Multiple Choice

Which of the following is the correct order in which loss limitation rules are applied?

• A) basis rules 1st, at-risk rules 2nd, passive loss rules 3rd.
• B) passive loss rules 1st, at-risk rules 2nd, basis rules 3rd.
• C) basis rules 1st, passive loss rules 2nd, at-risk rules 3rd.
• D) passive loss rules 1st, basis rules 2nd, at-risk rules 3rd.
• E) None of these.

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