Virgil Was Leasing an Apartment from Marple, Inc

question 38

Multiple Choice

Virgil was leasing an apartment from Marple, Inc. Marple paid Virgil $1,000 to cancel his lease and move out so that Marple could demolish the building. As a result:

• A) Virgil has a $1,000 capital gain.
• B) Virgil has a $1,000 capital loss.
• C) Marple has a $1,000 capital loss.
• D) Marple has a $1,000 capital gain.
• E) None of the above.

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Definitions:

Antidepressant Drugs

Medications prescribed to alleviate symptoms of depression by adjusting the chemical imbalances in the brain.

Synapses

Junctions between nerve cells where neural impulses are transmitted from one neuron to another.

Mood

A temporary state of emotion or feeling that differs from a person's usual affective condition.

Mild Depression

A less severe form of depression that affects a person's mood and daily activities but doesn't completely incapacitate them.