C is corrent. The definition of capital assets includes investment property (e.g., stock of a corporation) and property held for personal use (e.g., personal residence). Stock is generally held as an investment, but would be excluded from the capital asset category if held for sale to customers in the normal course of business (e.g., stock held by a dealer in securities).
A is incorrect. The definition of capital assets includes property held for investment and property held for personal use.
B is incorrect. The definition of capital assets includes property held for investment and property held for personal use.
D is incorrect. The definition of capital assets includes property held for investment and property held for personal use.
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