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Which of the following exchanges of property are like-kind exchanges?
I.Common stock of Intel traded for preferred stock of Intel.
II.Principal residence traded for 20 acres of undeveloped investment land.
Ethical Behaviour
The practice of conducting oneself in accordance with recognized moral principles and standards, often guiding decision making and interactions.
Legal Behaviour
Actions that conform to the laws and regulations of a given society or community.
Ethical Conduct
Concerns the adherence to moral principles and values such as integrity, fairness, honesty, and respect in decision-making and actions.
Personal Standards
Individual criteria or principles for behavior and performance, often reflecting personal ethics or excellence.
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