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Business, 03.07.2019 09:30 noahslambeenie359

Kane corp. obtained a business loan from a bank. a year later, the company transferred the ownership of one of its properties to the bank as settlement of its loan. in this instance, in which way did kane corp. dispose of its property? a. sale for profit b. like-kind exchange c. debt repayment d. repossession e. abandonment

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Kane corp. obtained a business loan from a bank. a year later, the company transferred the ownership...
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