Express powers are granted to the U.S. Congress in Article I, Section 8 of the U.S. Constitution

Mr. E, a sole proprietor, made the following payments in the current year. Which payment is not a capital expenditure?

a. Freight paid on new equipment purchased. b. Cost of rewiring a building to install a new computer. c. A payment made to eliminate competition for 5 years. d. A payment to have machinery moved from one location to another.

According to the Uniform Simultaneous Death Act, each deceased's property goes to the government in case of simultaneous deaths

Indicate whether the statement is true or false