All of the Following Are Included in the Acquisition Cost

question 48

Multiple Choice

All of the following are included in the acquisition cost of land except

• A)costs of clearing land to construct a building.
• B)transfer taxes.
• C)attorney's fees to prepare closing documents.
• D)cost of land survey.
• E)architect fee for new building.

---

Definitions:

Civil Liberty

The freedoms and rights that individuals have to ensure their ability to participate fully in the civil and political life of their society without discrimination or repression.

Mackay Radio

The Mackay Radio decision (1938) by the U.S. Supreme Court affirmed the right of employers to permanently replace striking workers, impacting labor relations and the balance of power between employers and unions.

Economic Strike

A strike action undertaken by workers to achieve better wages, hours, and working conditions, as opposed to strikes for political reasons.

NLRA Section 8(a)(3)

Part of the National Labor Relations Act that outlines unfair labor practices by employers, particularly around discrimination against employees for union involvement.