Which One of the Following Is a Capital Asset

question 70

Multiple Choice

Which one of the following is a capital asset?

• A)A non-musical copyright created by the taxpayer.
• B)Rental property.
• C)Business inventory.
• D)Household furnishings.

---

Definitions:

Transportation Network

A complex system of interconnected modes of transportation, including roads, railways, airways, and waterways that facilitate the movement of goods and people.

Milk Run

A delivery route that picks up or delivers goods at multiple locations, optimizing logistics efficiency.

Use Fees

Charges applied for the use of a particular service, facility, or equipment, often based on duration or capacity of use.

Highway

A main road, especially one connecting major towns or cities, designed for fast travel and transportation of goods and people.