Identify Which of the Following Statements Is True

question 90

Multiple Choice

Identify which of the following statements is true.

• A)The loss realized on the sale of a property is disallowed when such property was received by a corporation as a contribution of capital in a transaction having as its principal purpose the recognition of loss pursuant to the corporation's subsequent liquidation later in the same taxable year.
• B)Losses claimed in a tax return filed before the adoption of the plan of liquidation are not restricted by Sec. 336(d)(2).
• C)Properties acquired by a liquidating corporation as a capital contribution occurring within three years of the adoption of a plan of liquidation are generally presumed to have a tax avoidance motive.
• D)All of the above are false.

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Definitions:

Correlation

A statistical measure that indicates the extent to which two or more variables fluctuate together.

Semistructured Interview

A method of interviewing that combines pre-determined questions with the flexibility to explore topics in depth.

Psychiatric Settings

Environments or contexts in which mental health treatments and assessments take place, including hospitals, clinics, and outpatient facilities.

Diagnostic Interview Schedule

A structured assessment tool used by clinicians to diagnose psychiatric conditions based on standardized criteria.