Which of the following is least likely to be a factor with regards to reviewing whether an asset sale transaction is a Capital Transaction versus a Business Transaction?

		Length of time the asset was owned by the taxpayer.
		Primary vs Secondary Intentions with regards to purchasing the asset.
		The number of times the taxpayer has successfully completed a similar transaction
		The amount of Capital Gain that is calculated for this transaction

With regards to a a Qualified Small Business Corporation (QSBC) as defined in this course's textbook, choose the following statement that is the most accurate and true?

		A QSBC is a CCPC and at least 50% of the fair market value assets are Canadian active asset at anytime in the past 24 months prior to determination date (share sale date)
		A QSBC is a CCPC and at least 50% of the fair market value assets are Canadian active asset at anytime in the past 12 months prior to determination date (share sale date)
		A QSBC is a CCPC and at least 10% of the fair market value assets are Canadian active asset at anytime in the past 24 months prior to determination date (share sale date)
		A QSBC is a non- CCPC and at least 50% of the fair market value assets are Canadian active asset at anytime in the past 24 months prior to determination date (share sale date)