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Construct a complete truth table for each of the following arguments. Then, using the truth table, determine whether the argument is valid or invalid. If the argument is invalid, specify a counterexample.
-I ⊃ J
∼(J • I) / J ⊃ I
Cost Basis
The original value of an asset for tax purposes, usually the purchase cost, adjusted for stock splits, dividends, and return of capital distributions.
Unanimous Consent
An agreement method where all parties involved must agree entirely on a decision or action.
Net Assets
The total assets of a company minus its total liabilities, representing the shareholders' equity or ownership interest.
Equity Investments
Investments in the equity of other companies, representing ownership interests that offer potential dividends and capital gains.
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