Business
Business, 03.07.2019 09:30, gabby7398

Kane corp. obtained a business loan from a bank. a year later, the company transferred the ownership of one of its properties to the bank as settlement of its loan. in this instance, in which way did kane corp. dispose of its property? a. sale for profit b. like-kind exchange c. debt repayment d. repossession e. abandonment

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