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Which of the following would be treated as part of a business activity? A. Land and buildings acquired for use in a business. B. An
Which of the following would be treated as part of a business activity?
- A. Land and buildings acquired for use in a business.
- B. An automobile acquired for resale by a car dealer.
- C. Office equipment acquired for use in a home office by a self-employed individual.
- D. A house constructed as the principal residence by its owner.
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