A Computer Software Program Is Most Strongly an Example of

question 205

Multiple Choice

A computer software program is most strongly an example of

• A) intellectual property.
• B) real property.
• C) fiat property.
• D) vicarious property.

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Definitions:

Sales Tax

A tax imposed by a government on sales of goods and services, typically calculated as a percentage of the purchase price.

Constant Rate

A stable speed or frequency at which something happens or changes over a particular period of time.

Constant-Rate

Pertaining to a process or quantity that changes over time at an unvarying speed or amount.

Progressive Tax

A tax system where the tax rate increases as the taxable amount increases, placing a heavier burden on wealthier taxpayers.