Examlex

Solved

Under What Circumstances, If Any, Do the § 469 Passive

question 112

Essay

Under what circumstances, if any, do the § 469 passive activity loss rules apply to C corporations?


Definitions:

Cleavage

1. The tendency of minerals to break along specific orientations of closely spaced planes. 2. The tendency of a rock, especially a metamorphic rock, to split along mostly parallel planes.

Luster

The reflection of light from the surface of a mineral, especially its quality and intensity; the appearance of a mineral in reflected light.

Color

A property of light as seen by people, typically defined by its wavelength or frequency.

Crystals

Solid materials whose constituents, such as atoms, molecules, or ions, are arranged in a highly ordered microscopic structure.

Related Questions