What Is An Example Of A Premise? A premise is a proposition upon which an argument is based or from which a conclusion is drawn. … Merriam-Webster gives this example of a major and minor premise (and conclusion): “All mammals are warmblooded [major premise]; whales are mammals [minor premise]; therefore, whales are warmblooded [conclusion].” What
Is Premises An Expense Or Asset? No, premises are not a current asset. A current asset is any asset that will provide an economic value for or within one year. Premises, or the property where business is done, is a part of the property, plants, and equipment, or PP&E, account. Is buildings an asset or
What Are Premises In Business? A company’s premises is the land and buildings where it conducts its business. … A company’s premises is the land and buildings where it conducts its business. What premises do? verb (used with object), prem·ised, prem·is·ing. to set forth beforehand, as by way of introduction or explanation. to assume, either