Gift property (disregarding any adjustment for gift tax paid by the donor): a. Has the same basis to the donee as the donor's adjusted basis if the donee disposes of the property at a gain. b. Has the same basis to the donee as the donor's adjusted basis if the donee disposes of the property at a loss, and the fair market value on the date of gift was less than the donor's adjusted basis. c. Has a zero basis to the donee if the fair market value on the date of gift is less than the donor's adjusted basis. d. Has no basis to the donee because he or she did not pay anything for the property.

Has the same basis to the donee as the donor's adjusted basis if the donee disposes of the property at a gain.

Explanation:

For a gifted property, it should be noted that the tax basis for a donee that is, the person who gets the gift will be identical to that of the donor, this is, the person that donates the gift in cases whereby the property is gotten as a gift.

Therefore, a gift property disregarding any adjustment for gift tax paid by the donor will have the same basis to the donee as the donor's adjusted basis if the donee disposes of the property at a gain.

explanation:

a gas is not used in hydraulic machines as the fluid because gas is easily compressible and so if a gas is used, the energy would mostly go into compressing a gas. therefore a liquid is used in hydraulic machines as the fluid.

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.