When a securities trader or stockbroker buys and sells shares of publicly traded companies, the resulting gains ________.

A.

are capital gains, but can be included in net income at 100% of the gain

B.

can be business income or capital gains, depending on how long the shares were owned

C.

are considered business income

D.

are considered capital gains

Answer rating: 100% (QA)

The detailed answer for the above question is provided below The correct answer is B can be business ... View the full answer