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Radda [10]
3 years ago
5

Why is it wise idea to buy a car that has already depreciated a great deal ?

History
1 answer:
Evgen [1.6K]3 years ago
4 0
There are many reasons for this, such as it is cheaper to buy a used car that has already depreciated in value rather than buying a car brand new. Once you by a brand new car and drive it off the lot, the value of it decreases exponentially so in turn you lose more money than if you were to buy a used car. Think of it like this, a person in 2010 buys a brand new car for $30,000, fast forward it is now 2018 and someone else is buying that same car that is now used for maybe $10,000. The person who originally bought the car lost out on $20,000 because as time goes on, the brand new car's value has depreciated over the years to be very cheap. I hope this helps :) 
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Explanation:

In the United States House of Representatives, a Committee of the Whole House is a congressional committee that includes all members of the House. In modern practice there is only one such committee, the Committee of the Whole House on the state of the Union, which has original consideration of all bills on the Union Calendar.[1] While assembled the House may resolve itself temporarily into a Committee of the Whole House. Business can then proceed with various procedural requirements relaxed. At the conclusion of business, the committee resolves to "rise" and reports its conclusions (typically in the form of an amended bill) or lack of conclusion to the speaker.

When the House resolves into a Committee of the Whole House, the speaker appoints another member to the chair, and this member is responsible for delivering the committee's report. Conventionally, the speaker appoints a member of the majority party who does not hold the chair of a standing committee. A Committee of the Whole House requires 100 members for a quorum as compared to the House's majority of 218, while only 25 members are required to force a recorded rather than voice vote.

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