Multiple choice

The decrease in value of an item due to deterioration through normal use rather than through accident or negligence is known as

  1. waybill

  2. wear and tear

  3. wear of substance

  4. void substance

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Wear and tear is a popular and legal term for depreciation. Wear and tear is the decrease in value of an item due to deterioration through normal use rather than through accident or negligence.