Considering the Context in Which It Was Most Likely Uttered

question 123

Essay

Considering the context in which it was most likely uttered, would you say the following claim is ambiguous, too vague, or neither?
"... and my house is on the right-hand side of the street."

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Definitions:

Operating Loss

A situation where a company's operating expenses exceed its revenues, indicating it is not making a profit from its core activities.

Income Tax Rate

The fraction of earnings subject to taxation for either individuals or corporations.

Current Income Tax Liability

The amount of income tax that a company is obligated to pay to tax authorities within the current year.

Deferred Tax Asset

An accounting term that refers to a situation where a business has paid more taxes or estimates that it will pay more taxes than it will owe.