If a Stock Was Purchased in January 2014 for $1,000

question 49

Multiple Choice

If a stock was purchased in January 2014 for $1,000 and sold in December 2015 for $3,000, a ________ of $2,000 results.

• A) long-term capital gain
• B) short-term capital gain
• C) long-term capital loss
• D) short-term capital loss

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Definitions:

Ethical Problem

A dilemma or situation that presents a challenge between two or more moral imperatives, where honoring one may result in transgressing another.

Physical Threats

Manifestations of potential harm to an individual's bodily integrity or well-being, often used as intimidation or to exert control.

Hostile Workplace

A work environment where harassment, discrimination, or inappropriate behavior occurs, making it difficult for employees to perform their duties.

Bullying

Repeated and targeted social, psychological, or physical harassment of an individual by another individual or group.