What Code Section Makes It Mandatory to Install at Least

question 3

Short Answer

What Code section makes it mandatory to install at least one receptacle outlet in each unfinished basement area?

---

Definitions:

Book Value

The net value of a company's assets, found by deducting total liabilities and intangible assets from total assets.

Salvage Value

The foreseen remaining value of an asset at the culmination of its viable life.

Useful Life

The expected period over which a fixed asset is anticipated to be usable by an entity, after which it will no longer be efficient or effective.

Double-Declining-Balance

A method of accelerated depreciation that calculates depreciation expenses by doubling the straight-line rate.