1 artistic creations are ordinary income assets in the, Ask an Expert

Finance

1. Artistic creations are ordinary income assets in the hands of the creator.

a. True

b. False

2. In determining net capital gains, the net short-term gain/loss can be combined with the net long-term gain/loss only if the net results are either both gains or both losses.

a. True

b. False

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92402591

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