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Blue Corporation (a seller of goods to Cedar Corporation) has made loans to Cedar Corporation, which become worthless in the current year. a. None of

Blue Corporation (a seller of goods to Cedar Corporation) has made loans to Cedar Corporation, which become worthless in the current year. a. None of the above. b. The loans provide Blue Corporation with a business bad debt deduction. c. Blue Corporation cannot claim a deduction for the worthless loans. d. The loans provide a non business bad debt deduction to Blue Corporation.

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