To Help Determine the Age of Rock Layers Over a Large

question 61

Multiple Choice

To help determine the age of rock layers over a large area we can use the principle of

• A)original horizontality.
• B)lateral continuity.
• C)superposition.
• D)fossil assemblage.

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Definitions:

Trade-in Allowance

The amount credited to the buyer by the seller for a traded-in asset toward the purchase of a new asset.

Cost Basis

The original value or purchase price of an asset or investment, used to calculate capital gains or losses for tax purposes.

Accumulated Depreciation

The total depreciation costs applied to a fixed asset from the time of its acquisition.

Fair Market Value

The price at which a willing buyer and a willing seller, both possessing reasonable knowledge of relevant facts, would exchange an asset.