Section 404

question 35

Essay

Section 404.2(C) requires a grounded conductor be installed at the switch location unless there is a way to install a grounded conductor in the future if one is needed. This means that a three-wire cable with a white grounded conductor instead of a two-wire cable with a reidentified white wire would need to be installed between the lighting outlet and the switch box location. List the situations when this is not required.

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Definitions:

Capital Assets

Long-term assets acquired or invested in for the purpose of generating revenue over an extended period.

Fair Value

A measure of the value of an asset or liability based on current market prices.

Replacement Cost

The expense of replacing an asset at its current market price.

Net Realizable Value

The estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation.