'Primary Legal Materials' Are

question 45

Multiple Choice

'Primary legal materials' are:

• A)the most important and valuable legal materials.
• B)journal articles by respected legal commentators.
• C)texts published by leading legal publishers.
• D)case law and legislation.

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Definitions:

Depreciated

The reduction in the recorded cost of a fixed asset in a manner that allocates its cost over the useful life of the asset.

Land Account

An account on the balance sheet that shows the cost of land owned by a company, not depreciated since land has an unlimited useful life.

Incidental Costs

Minor or secondary expenses associated with a primary transaction or activity.

Assessments

Evaluations or appraisals of property, performance, or ability for the purpose of taxation or determining value.