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nI acomplete liquidation, the shareholder: A_. _B. _Does not recognize gain or loss. Recognizes gain but not loss. _Recognizes both gain and loss. Recognizes loss

nI acomplete liquidation, the shareholder: A_. _B. _Does not recognize gain or loss. Recognizes gain but not loss. _Recognizes both gain and loss. Recognizes loss but not gain. D._

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