Which Statement Concerning Diatoms Is False

question 35

Multiple Choice

Which statement concerning diatoms is false?

• A) They are responsible for about one-fifth of the photosynthetic carbon fixation on Earth.
• B) Male gametes have flagella.
• C) They cause red tides that are toxic to shellfish.
• D) They are components of marine phytoplankton.
• E) They store oil for energy and flotation.

---

Definitions:

Assumed Mortgage

When a property buyer takes over the seller's existing mortgage, it is referred to as an assumed mortgage.

Recognized Gain

The portion of a gain that is subject to tax, as realized from the sale or exchange of a capital asset beyond the original purchase price.

Section 1245

A section of the U.S. Internal Revenue Code that deals with the tax treatment of depreciable property and requires the recapture of depreciation upon sale of the property as ordinary income.

Section 1231

A tax provision related to the treatment of gains and losses on property used in a trade or business or held for the production of income.