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VVocatus · Bar Exam Practice

Taxation, 2011 Bar — Question 38

Taxation
2011 BarTaxationQ. 38

MULTIPLE CHOICE

Income from dealings in property (real, personal, or mixed) is the gain or loss derived (A) only from the cash sales of property. (B) from cash and gratuitous receipts of property. (C) from sale and lease of property. (D) only from the sale of property.

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