Question: The following items do not fall within the tax definition of a capital asset except:A . Accounts or notes receivable.B . Supplies of a type

The following items do not fall within the tax definition of a capital asset except:A. Accounts or notes receivable.B. Supplies of a type regularly used or consumed in the ordinary course of a trade or business.C. Inventory or other property held for sale to customers in the ordinary course of a trade or business.D. Stock of a publicly held company.

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