Income Earned from the Sale of an Asset for More

question 31

Multiple Choice

Income earned from the sale of an asset for more than you paid for it is classified as

• A)dividend income.
• B)business income.
• C)capital gain.
• D)windfall.

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Definitions:

Ayurvedic Medicine

A traditional system of medicine from India that focuses on balance and wellness, utilizing herbs, diet, and yogic practices.

Originated

Refers to the point at which something begins or comes into existence.

Yoga

A comprehensive practice that includes physical postures, breathing techniques, and meditation, aimed at improving physical and mental well-being.

Conventional Medicine

Traditional medical practice based on scientific evidence, often involving pharmaceutical drugs and surgery, as opposed to alternative therapies.