All of the following are capital assets with the exception of
A) personal residence.
B) corporate stock held for investment.
C) equipment used in a trade or business.
D) a Rembrandt painting held in a private collection.
Answer: C
All of the following are capital assets with the exception of
A) personal residence.
B) corporate stock held for investment.
C) equipment used in a trade or business.
D) a Rembrandt painting held in a private collection.
Answer: C