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Question 9: A wealthy individual might consider selling a substantially appreciated property interest in an
installment sale for which of the following reasons?
1.To spread the taxable gain inherent in the property over the period of the installments
2.To provide a buyer who lacks the requisite funds for a lump-sum purchase with the ability to
finance the acquisition
A. 2 only
B. Both 1 and 2
C. Neither 1 nor 2
D. 1 only
Correct Answer: B
1   2   3   4   5   6   7   8   9   10   11   12   13   14   15   
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