Net Taxes Are

question 140

Multiple Choice

Net taxes are:

• A)taxes plus transfer payments.
• B)taxes minus transfer payments.
• C)an injection into the economic system.
• D)consumption after taxes.
• E)government spending minus taxes.

---

Definitions:

Fair Dealing

A legal doctrine that permits limited use of copyrighted material without permission for purposes such as criticism, news reporting, teaching, and research.

Course of Performance

An interpretation principle in contract law considering the conduct between parties in the execution of their duties under the contract.

Course of Dealing

A legal term referring to the previous conduct between parties in a contract that establishes a common basis for their understanding.

Perfect Tender Rule

A legal principle stating that a seller must deliver goods in accordance with the contract terms in every detail for the buyer to accept them.