Incorporation of the Bill of Rights Became Possible Due To

question 38

Multiple Choice

Incorporation of the Bill of Rights became possible due to:

• A) New laws passed by Congress
• B) An executive order from the president
• C) The ratification of the Fourteenth Amendment
• D) The repeal of the Fifteenth Amendment

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Definitions:

Straight-Line Depreciation

A way to distribute the expense of a tangible property over its lifespan in equal amounts each year.

CCA Class

Specific categories under the Canadian Capital Cost Allowance that determines the depreciation rate for tax purposes on an asset.

Depreciation Tax Shield

The reduction in income tax obligation resulting from the deduction of depreciation expenses.

Tax Rate

The percentage at which an individual or corporation is taxed on their income or profits.