Which of the following assets cannot be transferred using a Section 85 election Land and building that are used to hold the business ' head offices A supply of wrenches which are held as inventory Land that was bought as inventory for the business to resell for profit Equipment ...

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Which of the following assets cannot be transferred using a Section 85 election? Land and building that are used to hold the business' head offices

Which of the following assets cannot be transferred using a Section 85 election?

	Land and building that are used to hold the business' head offices
	A supply of wrenches which are held as inventory
	Land that was bought as inventory for the business to resell for profit
	Equipment

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