Crane V. Commissioner - Issue 2

Issue 2

Should the amount of the debt assumed by the purchaser of the apartment building have been included in Mrs. Crane's calculation of the amount realized on the sale?

Read more about this topic:  Crane V. Commissioner

Famous quotes containing the word issue:

    Take away from the courts, if it could be taken away, the power to issue injunctions in labor disputes, and it would create a privileged class among the laborers and save the lawless among their number from a most needful remedy available to all men for the protection of their business interests against unlawful invasion.... The secondary boycott is an instrument of tyranny, and ought not to be made legitimate.
    William Howard Taft (1857–1930)