One of the Most Noteworthy Features of the Sales Tax

question 39

Multiple Choice

One of the most noteworthy features of the sales tax is

• A)its relative political acceptability.
• B)its elasticity or stability as a revenue source.
• C)its equity.
• D)its progressivity.

---

Definitions:

Purchase Price

The amount of money paid to buy something, including goods, services, or real estate.

Sue

To initiate legal proceedings against an individual or entity, claiming they have committed a wrong or breach of contract.

Defective Parts

Components or elements that have flaws or imperfections which prevent them from functioning as intended.

Remedies

Legal solutions provided by a court to enforce a right, impose penalties, or make another court order to impose its will.