Monday, June 27, 2011

my mid-term 36/40 correct


  1. C

  2. D

  3. D

  4. E

  5. A

  6. D

  7. A

  8. E

  9. C

  10. D

  11. B

  12. A

  13. D

  14. C

  15. B

  16. A

  17. E

  18. C

  19. D

  20. A

  21. C

  22. C

  23. E

  24. D

  25. B

  26. D

  27. D

  28. C

  29. B

  30. D

  31. E

  32. B

  33. E

  34. A

  35. B

  36. E

  37. E

  38. B

  39. C

  40. C

Just submitted my answers and I missed 4 questions. Which ones did i miss?

4 comments:

  1. Was #15 one of them, anyone? See slide #53.
    Why did you choose C for #39?

    ReplyDelete
  2. #37. I think it is C. See book 3 p. 90 for the identical question.

    ReplyDelete
  3. i had C for #31
    #37 is so close to the answer but the Section 1231 gain is $1000 for the answer. i was thinking it was a typo
    #15 has to do with money contributed to a partnership, not income generated, so B is the answer
    #39, the basis is the donors basis when a gift
    maybe i am wrong about #9

    ReplyDelete
  4. i had C for #31 as well because i did deduct fees. who knows?

    ReplyDelete