Given the Following Enthymeme: Whenever Housing Prices Rise Landlords Prosper

question 206

Multiple Choice

Given the following enthymeme: Whenever housing prices rise landlords prosper, and housing prices are rising now.
The statement needed to convert the enthymeme into a valid syllogism is:

• A) Landlords are prospering now. (Conclusion)
• B) All persons who own houses are landlords. (Premise)
• C) Landlords prosper when housing prices rise. (Premise)
• D) Housing prices rise when interest rates fall. (Premise)
• E) All landlords are persons who own houses. (Conclusion)

---

Definitions:

Annual Depreciation

The amount of depreciation expense allocated for a fixed asset in one year, based on the asset's useful life and cost.

Prepaid Expense

An asset account that represents costs paid in advance for expenses that will be incurred within a future accounting period.

Accrued Expense

Expenses that have been incurred but not yet paid or recorded in the ledgers.

Accrual Basis Accounting

An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when cash is exchanged.