Which of the Following Businesses Is Likely to Have Taxable

question 96

Multiple Choice

Which of the following businesses is likely to have taxable sales for purposes of sales and use tax?

• A)Campus bookstore selling textbooks and university apparel.
• B)An online retailer of textbooks with less than $100,000 in sales on 150 transactions.
• C)A local accounting firm.
• D)Mail-order clothing company.

Comprehend subject-verb agreement and its significance in constructing proper sentences.

Identify and use various verb tenses accurately.

Apply techniques to avoid sexist language in writing.

Define and recognize the use of euphemisms and specialized phrases.

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Definitions:

Caveat Emptor

A Latin phrase meaning "let the buyer beware," indicating that the buyer assumes the risk about the quality of the goods being purchased.

Implied Warranty of Fitness

A legal doctrine that suggests that when a seller knows the specific purpose for which an item is purchased, the item is guaranteed to be fit for that particular purpose.

Product Liability Theories

Legal doctrines that hold manufacturers, distributors, suppliers, retailers, and others who make products available to the public responsible for the injuries those products cause.

Load-Carrying Capacity

The maximum weight that a structure or vehicle can safely carry or support.