Sammy exchanges equipment used in his business in a like-kind exchange.The property exchanged is as follows:
The other party assumes the liability.

Name: Sammy exchanges equipment used in his business in a like-kind exchange.The property exchanged is as follows: The other party assumes the liability.
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Question

Sammy exchanges equipment used in his business in a like-kind exchange.The property exchanged is as follows:
  The other party assumes the liability.

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The Answer of Sammy exchanges equipment used in his business in a like-kind exchange.The property exchanged is as follows:
  The other party assumes the liability.

Sammy Exchanges Equipment Used in His Business in a Like-Kind