Quinn Is a State Court Judge

question 40

Multiple Choice

Quinn is a state court judge.In the case of Royal Banners,Inc.v.Superior Flags Co. ,Quinn establishes a logical relationship by compar?ing the facts in the case to the facts in other cases and,to the ex?tent the facts are similar,applies the same rule.This is

• A)deductive reasoning.
• B)faulty reasoning.
• C)linear reasoning.
• D)reasoning by analogy.

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Definitions:

Accumulated Depreciation

The total amount of a tangible asset's cost that has been allocated as depreciation expense since the asset was put into use.

Net Income

The amount of profit left after deducting all costs, taxes, and expenses from total revenue.

Accumulated Depreciation

The total amount of a tangible asset's cost that has been allocated as depreciation expense over its useful life.

Cash Dividends

Payments made by a corporation to its shareholder members, typically in the form of cash, as a distribution of profits.