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_____ 6.Tax avoidance is the minimization of the tax burden by using acceptable,legal alternatives.
Ownership
The legal right to possess, use, and dispose of something; holding the title to an asset or property.
Legal System
A comprehensive system of rules and principles, organized by governmental and societal institutions, to administer justice and regulate conduct.
Court System
The organizational structure of courts that interprets and applies law in legal cases, including various levels such as local, state, and federal courts.
Federally Chartered Bank
A bank that operates under a charter granted by the federal government, often subject to different regulations than state-chartered banks.
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