Why Is the Case of M.v.H.important

question 38

Multiple Choice

Why is the case of M.v.H.important?

• A) It allowed same-sex couples to adopt children.
• B) It stated that the government should stay out of bedrooms.
• C) It was an important step in permitting same-sex marriage.
• D) It removed all rights from same-sex couples.

---

Definitions:

Residual Value

The estimated amount that an asset is expected to be worth at the end of its useful life.

Straight-Line Method

A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.

Depreciable Asset

An asset that loses value over time due to wear and tear, and its cost is expensed across its useful life.

Depletion Rate

The rate at which a natural resource is used or consumed, important for accounting and valuation of resource-based companies.