[Solved] Occasionally, realized gains are not recognized for tax purposes. These situations occur because I.certain gains are excluded due to legislative grace. II.gains are deferred on certain types of property transactions where the wherewithal-to-pay the tax resulting from the transaction is lacking. A)Only statement I is correct. B)Only statement II is correct. C)Both statements are correct. D)Neither statement is correct. Erotic Wishes: Desires or longings that are related to sexual instincts and expressions of love. Freud: Refers to Sigmund Freud, the Austrian neurologist and founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst. Stressful Life Events: Situations or occurrences that cause significant stress, challenging an individual's ability to cope. Neural Activity: The functioning and communication processes of neurons, including the transmission of electrical and chemical signals within the brain and nervous system.