Which of the Following Is (Are) a Taxable Disposition of an Installment

question 7

Multiple Choice

Which of the following is (are) a taxable disposition of an installment obligation?

• A)(1) only.
• B)(1) and (2).
• C)(2) and (3).
• D)(1) and (3).
• E)None of the above.

---

Definitions:

Reward

Something given in recognition of service, effort, or achievement.

Love

A complex set of emotions, behaviors, and beliefs associated with strong feelings of affection, warmth, protectiveness, and respect for another person.

Intimate Violence

Acts of physical, sexual, or emotional harm by a current or former partner or spouse, often occurring in private settings and within intimate relationships.

Socioeconomic Status

A measure of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.