Question: 1 - Generally, for an activity to be as a trade or business, which of the following is requiere: a. no more than intermittent efort

1 - Generally, for an activity to be as a trade or business, which of the following is requiere:
a. no more than intermittent efort toward the acitvity.
b. always generate a profit.
c. Regular and continual effort designed to seek profit.
d. organization as a corporation or partnership
2- most states are community property states
1. true.
2. false

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