Albert Purchased a Tract of Land for $140,000 in 2013

question 95

Multiple Choice

Albert purchased a tract of land for $140,000 in 2013 when he heard that a new highway was going to be constructed through the property and that the land would soon be worth $200,000.Highway engineers surveyed the property and indicated that he would probably get $180,000.The highway project was abandoned in 2016 and the value of the land fell to $100,000.What is the amount of loss Albert can claim in 2016?

• A)$40,000
• B)$60,000
• C)$80,000
• D)$100,000
• E)None of the above

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Definitions:

Aggressive Personalities

Individuals who exhibit a pattern of hostile, assertive, or forceful behavior, often engaging in acts of aggression or dominance over others.

Inferiority Complex

A psychological condition where a person feels a deep sense of inferiority and inadequacy, often leading to overcompensation or withdrawal.

Capacity for Motherhood

The potential or ability of a person to fulfill the roles and duties associated with being a mother, encompassing emotional, physical, and psychological aspects.

Idolized Self-image

A highly idealized version of oneself that a person aspires to, often without acknowledging realistic limitations or flaws.