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DeMarcus and Brianna Are Married and Live in a Common

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DeMarcus and Brianna are married and live in a common law state.They jointly own real property with an adjusted basis of $200,000.When the property has a FMV of $450,000,DeMarcus dies leaving all of the property to Brianna.If she later sells the property for $650,000,what is Brianna's gain on the sale?

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Definitions:

Theory of Punishment

Philosophical justifications for why individuals who commit crimes should be penalized, ranging from retribution to rehabilitation.

Jeremy Bentham

An English philosopher, jurist, and social reformer regarded as the founder of modern utilitarianism.

Cesare Beccaria

An Italian criminologist, jurist, philosopher, and politician best known for his treatise "On Crimes and Punishments" (1764), which condemned torture and the death penalty and was a founding work in the field of criminology.

Retribution

A principle of justice where offenders are punished with the intent of providing a proportionate response to the offense committed.

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