Examlex
In a farming business, if the uniform capitalization rules are not used, cost is recovered using the ADS straight-line method.
House
A building for human habitation, typically consisting of multiple rooms and intended to be used as a residence.
Without Reserve
An auction term indicating that the item for sale will be sold to the highest bidder, irrespective of the bid amount.
Highest Bidder
In an auction, the person who offers the highest amount of money or value for the item or property being sold.
Sales Contract
An agreement between a buyer and seller outlining the terms of a sale, including price, delivery, and product specifications.
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