Mike Purchased a 1968 Chevy Corvette in 2009 for $30,000

question 63

Multiple Choice

Mike purchased a 1968 Chevy Corvette in 2009 for $30,000 and a year later he sold it for $36,000. Due to these transactions

• A) Mike earned a capital loss of $6,000.
• B) Mike earned a dividend of $36,000.
• C) Mike earned a dividend of $600.
• D) Mike earned a capital gain of $6,000.

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Definitions:

Concern For Task

The emphasis on accomplishing objectives and achieving goals within an organization or project.

Relationship Orientation

A focus on the development and maintenance of interpersonal relationships within a group or organization.

Behavioural Approach

A perspective in psychology and management focusing on observable behaviors, analyzing how they're learned and influenced by the environment, rather than internal thoughts or feelings.

Personal Characteristics

Traits or attributes of an individual, including skills, temperament, and physical features, that can influence behavior and performance.