This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Ralph purchased a home in 2012 for 600,000. Ralph added a pool and landscaping for 36,000. Ralph ... (Read 100 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
on: Jun 24, 2018
Ralph purchased a home in 2012 for 600,000. Ralph added a pool and landscaping for 36,000. Ralph lost his job and had to sell the home In a short sale for 420,000. Ralph had depreciated 32,000. The real estate commission was 28,000. What is the capital gains computation for Ralph?
 A)A gain of 392,000
 B)A gain of 212,000
 C)A loss of 212,000
 D)A loss of 280,000

Question 2

Long's Drugs is the anchor tenant in Oak Hill Shopping Center. Under its lease terms, Oak Hill is prohibited from leasing any space in the Center to another drug store. The clause:
 A) Is invalid because it is anticompetitive.
 B) Is invalid because it is too broad.
 C) Is valid.
 D) Both a and b
 E)None of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

krakiolit

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

C


SGallaher96

  • Member
  • Posts: 509
Reply 2 on: Jun 24, 2018
Excellent

lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho
Bill Viola, The Reflecting Pool. Bill Viola, The Reflecting Pool.
Dried fruits often have sulfur dioxide or other sulfites added to them to preserve color and flavor Dried fruits often have sulfur dioxide or other sulfites added to them to preserve color and flavor
An antique painting is purchased in 1980 for $995. The value increases by 3.1% e An antique painting is purchased in 1980 for $995. The value increases by 3.1% e
Consider an aqueous solution of calcium nitrate added to an aqueous solution of sodium ... Consider an aqueous solution of calcium nitrate added to an aqueous solution of sodium ...
home work question home work question
Video: Hormones and the menstrual cycle Animation

For a complete list of videos, visit our video library