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Which of the following situations involving an exchange of business property exemplifies a fully non-taxable exchange? a. giving up a machine and $5000 for another

Which of the following situations involving an exchange of business property exemplifies a fully non-taxable exchange? a. giving up a machine and $5000 for another machine b. giving up a machine for another machine and $5000 c. giving up a truck for a machine d. giving up a lot of another lot and the other person pays $2000 expense of the eschange

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