For the Next Group of Questions, Consider the Following Argument

question 84

Multiple Choice

For the next group of questions, consider the following argument:
(1) It's clear that nobody should be prejudged because of the following.(2) Either everyone is worthy of friendship or friendship is a horrible institution.(3) So everyone is worthy of friendship.(4) And no one worthy of friendship should be prejudged.
-What is the conclusion of the argument?

• A)Nobody should be prejudged.
• B)Either everyone is worthy of friendship or friendship is a horrible institution.
• C)Friendship is not a horrible institution.
• D)Everyone is worthy of friendship.
• E)No one worthy of friendship should be prejudged.

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Definitions:

Fixed Assets

Fixed assets are long-term tangible assets that a company owns and uses in its operations to generate income, such as buildings, machinery, and equipment.

Percentage-Of-Completion Method

An accounting method used to recognize revenues and expenses of long-term projects proportionate to the work completed during the period.

Contract Costs

Expenses directly related to securing and executing a contract, including labor, materials, and overheads.

Estimated Total

A projected computation or guess of the final amount or value.