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Author Question: A partnership is not inferred when profits are received in payment of a debt. Indicate whether the ... (Read 88 times)

TVarnum

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on: Jun 24, 2018
A partnership is not inferred when profits are received in payment of a debt.
  Indicate whether the statement is true or false

Question 2

The basis of a property = purchase price + improvements less depreciation.
  Indicate whether the statement is true or false


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ergserg

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

TRUE


TVarnum

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Reply #2 on: Jun 24, 2018
Correct answers!


ergserg

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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