Related-party installment sales include all of the following except the first seller's:
A)Brothers and sisters.
B)Controlled corporations.
C)Lineal descendants and ancestors.
D)Partnerships in which the seller has an interest.
E)All of the above would be considered related parties.

Question

Quizplus · Accepted Answer

All of the options listed (A, B, C, D) are considered related parties for installment sales, so none of them are exceptions.

Related-Party Installment Sales Include All of the Following Except the First