A company that sends email advertising messages to millions of individuals without their permission violates?
2 answers:
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Answer:
The appropriate answer is "$9,300".
Explanation:
The given values are:
FMV,
= $31,000
Adjusted basis,
= $15,500
Encumbered mortgage,
= $9,300
Now,
The Gerald's outside basis will be:
=
On substituting the given values, we get
=
=
=
= ($)