Michael Is in the Business of Creating Posters (Display Art)

question 73

Multiple Choice

Michael is in the business of creating posters (display art) for the movie industry. He creates a poster and sells it for a lump sum. He has:

• A) Sold a capital asset.
• B) Sold an ordinary asset.
• C) No gain or loss.
• D) An ordinary gain.
• E) b. and d.

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Definitions:

Short Words

The use of concise and simple language to convey a message or information effectively.

Overly Long Sentences

Sentences that are excessively lengthy, often making them difficult to read or understand.

Editing Conciseness

The process of making written text shorter and more direct while retaining all necessary information.

Camouflaged Verbs

Verbs that are hidden or disguised within a sentence, often making the action less direct or obvious.