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NEW QUESTION: 1
Refer to the exhibit. Which two features are enabled on the upstream switch? (Choose 2)

A. feature fcoe
B. feature fport-channel-trunk
C. feature fcoe-npv
D. feature npv
E. feature npiv
Answer: B,E

NEW QUESTION: 2
Which parameter determines the rotation latency of a disk drive?
A. Response time
B. Data transfer speed
C. Speed of the spindle
D. Seek time
Answer: C

NEW QUESTION: 3
Which of the following correctly describe steps in the OSI data encapsulation process? (Choose two)
A. The transport layer divides a data stream into segments and may add reliability and flow control information.
B. Packets are created when the network layer adds Layer 3 addresses and control information to a segment.
C. The data link layer adds physical source and destination addresses and an FCS to the segment.
D. Packets are created when the network layer encapsulates a frame with source and destination host addresses and protocol-related control information.
E. The presentation layer translates bits into voltages for transmission across the physical link.
Answer: A,B

NEW QUESTION: 4
Conner purchased 300 shares of Zinco stock for $30,000 in 1980. On May 23, 1994, Conner sold all the stock to his daughter Alice for $20,000, its then fair market value. Conner realized no other gain or loss during 1994. On July 26, 1994, Alice sold the 300 shares of Zinco for $25,000.
What amount of the loss from the sale of Zinco stock can Conner deduct in 1994?
A. $10,000
B. $3,000
C. $5,000
D. $0
Answer: D
Explanation:
Explanation
Choice "a" is correct. Even though Conner has a realized loss of $10,000 on this transaction he cannot deduct the loss since it was incurred in a transaction with his daughter, a related party.
Choice "b" is incorrect. $3,000 is the limit on deductible net capital losses. However, Conner cannot deduct this loss, since it was incurred in a transaction with his daughter, a related party.
Choice "c" is incorrect. Conner's realized loss on the sale is $10,000 ($20,000 proceeds less $30,000 basis). However, Conner cannot deduct this loss, since it was incurred in a transaction with his daughter, a related party.
Choice "d" is incorrect. $10,000 is Conner's realized loss on the sale. However, Conner cannot deduct this loss, since it was incurred in a transaction with his daughter, a related party.