Identify Any Fallacies in the Following Passage Either by Naming

question 64

Short Answer

Identify any fallacies in the following passage either by naming them or,where they seem not to conform to any of the patterns described in the text,by giving a brief explanation of why the fallacious reasoning is irrelevant to the point at issue.
Toads do too cause warts.People have known that for centuries.

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Definitions:

Trade-in

An asset given as part-payment for the purchase of a new asset, usually in the context of vehicles.

Commercial Substance

A situation where the future cash flows of an entity change as a result of a transaction, indicating the transaction has economic significance.

Original Cost

The initial purchase price or construction cost of an asset or investment, before depreciation or amortization.

Units-of-production

An approach to depreciation that apportions the price of an asset throughout its functional life, contingent on the total units it generates.