Which of the following is not an involuntary conversion?
A. Destruction caused by a hurricane.
B. Imminent domain.
C. A foreclosure.
D. Fire damage.
E. All of these are involuntary conversions.
Answer: C. A foreclosure.
Tax Chapter | Multiple Choice | Questions and Answers | Test Bank
A. Destruction caused by a hurricane.
B. Imminent domain.
C. A foreclosure.
D. Fire damage.
E. All of these are involuntary conversions.
Answer: C. A foreclosure.