_____ are the profits received from the sale of a property or financial asset resulting from a price increase between the time of purchase and the time of sale.

Name: _____ are the profits received from the sale of a property or financial asset resulting from a price increase between the time of purchase and the time of sale.
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Question

Quizplus · Accepted Answer

Capital gains are the profits earned from the sale of a property or financial asset when the selling price exceeds the purchase price.

_____ Are the Profits Received from the Sale of a Property