The European Union's priority objective has been the political and economic integration of Europe through a gradual elimination of customs barriers and an introduction of common external tariffs

Indicate whether the statement is true or false

True

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An investor wanting to know about the tax consequences of a direct participation program (DPP) should know which asset types can be depleted or depreciated. All of the following asset types can be depleted or depreciated EXCEPT:

A) buildings. B) crops. C) oil. D) gas.

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Which of the following is true of a civil proceeding?

A) The pleading stage is followed by the trial stage. B) The evidence is evaluated by the judge in order to reach a verdict. C) Failure on the part of the defendant to file a timely response can result in a declaratory judgment. D) The discovery process is governed by the Federal Rules of Civil Procedure in federal courts.

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