No Fish Are Mammals

question 192

Multiple Choice

No fish are mammals. Therefore, no mammals are fish.

• A) Equivocation.
• B) Begging the question.
• C) No fallacy.
• D) Missing the point.
• E) Accident.

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Definitions:

Amortization

The process of spreading out a loan or intangible asset cost over a specific period of time for accounting and taxation purposes.

Generally Accepted Accounting Principles

A collection of commonly-followed accounting rules and standards for financial reporting.

Straight-Line Method

A way of calculating equal depreciation expenses for an asset over its useful life.