A bacterial host with a prophage is called a(n)..

Match the type of symbiosis with the definition that best describes it. 

Which of the following are signs? (select multiple answers)

What is the feeding and growth form that some protists have?

Sickle cell disease is considered a…

Instead of gifting the stock to Child, Parent decides to keep the stock and instead transfer to Child income from rental property owned by Parent.  The property is worth $400,000.  The property generates $10,000 in profit every year.  Parent gifts $10,000 to Child in YEAR 1.  In YEAR 2, Parent again gifts $10,000 to Child.  In YEAR 3, Parent decides to gift the entire rental property to Child instead, and the property generates $10,000 income when it is owned by Child.  What are the tax consequences of these transactions to Child?

In 2014, Ruth purchased an office building for $1,500,000, paying $100,000 cash and borrowing $1,400,000 recourse from a bank.  According to the terms on the loan, Ruth paid interest only for the first 10 years whereupon the principal would come due.  When 10 years finally came, Ruth could not make the principal payment of $1,400,000.  Ruth had properly depreciated the building by $300,000 over the last 10 years.  Ruth had assets of $600,000 (when that was gone, she was insolvent) at the time the payment was due, and Ruth could not to make the $1,400,000 payment.  The bank took back the property in full satisfaction of Ruth’s obligations when the property had a FMV of $800,000.  Which one of the following is correct?

Parent owns stock with a basis of $200 purchased in YEAR 1.  In YEAR 5, Parent gifts the stock to adult Child when the FMV is $1,000.  Ignore the gift tax implications of the transfer.  In YEAR 7, Child needs money and sells the stock for $800.  What are the tax implications to Child?

You work for a Senator who wants to add a new deduction or credit for living expenses while a student is enrolled at a higher education institution.  Both the credit and the deduction would be based on the total amount a school estimates as the cost for living expenses (not to exceed $15,000). Senator wants to know if it is better to have a 40% tax credit based on living expenses or provide for an above-the-line deduction based on the amount of the payments.  Which one of the following answers is correct?

Person A purchases a home in year 1 for $300,000. Person A lives in and owns the home. Person A loves the home, and it dramatically appreciates in value in only one year. Unfortunately for Person A, Person A suffers an accident in November of YEAR 1 and can no longer get around the house safely. Assume Person A sells the home for $450,000 12 months after purchasing it, and person A moves into a condo that doesn’t have stairs. What is the tax consequence of Person A’s sale of the home?