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Longer class lives for depreciable property and the required use of straight-line method of depreciation should dampen the tax incentive for purchasing capital assets.
Alternative Dispute Resolution
A term referring to various methods of resolving conflicts and disputes without traditional litigation, such as arbitration or mediation.
Mediation
A conflict resolution technique involving a neutral third party who helps disputing parties find a mutually acceptable solution.
Arbitration
The process whereby a neutral third party issues a binding decision to resolve a dispute.
Negotiate
The process of discussing something with someone to reach an agreement or compromise.
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