When Time Ran Out in 1982, the ERA Was Just

question 22

True/False

When time ran out in 1982, the ERA was just three states short of ratification.

---

Definitions:

Salvage Value

The projected value an asset will hold for resale when it's no longer useful.

Tax Rate

The share of one's or a company's revenue earmarked for taxation.

Erosion Costs

Erosion Costs are the costs incurred due to the negative impact of introducing a new product or project on the sales and revenue of existing products or projects.

Incremental Income

The additional income generated from a particular business decision or action.