Land must be depreciated using the straight-line method of depreciation

Privity of contract means

A) only the parties that made the contract are entitled to its benefits or can sue to enforce it B) all contract terms must be kept private and not shared with other parties C) family members have a right to enforce contracts other family members make D) employees can enforce contracts on behalf of their employers E) the parties who made the contract can add on other parties to the contract later on

The purpose of NAFTA is to:

A) substitute cheap labor in Mexico for expensive labor in the United States. B) curb illegal immigration from Mexico to the United States. C) phase out all trade and tariff barriers between North America and South America. D) phase out all trade and tariff barriers between the United States, Canada, and Mexico. E) provide fair and equitable tariff rates for trade between the United States, Canada, and Mexico.