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Which of the exchanges would qualify as nontaxable

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Problem 1: A land developer would like to trade some business assets in a nontaxable exchange. Which of the following exchanges would qualify as nontaxable?

A. The company office building for a large truck to be used in the corporation.

B. Investment securities for antiques to be held as investments.

C. A road grader used in land development for another road grader.

D. A corporate office building for a vacant lot.

Reference no: EM132828086

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