____ Refers to Failure to Perform an Act That Is

question 35

Multiple Choice

____ refers to failure to perform an act that is one's required duty or that is required by law.

• A) Misfeasance
• B) Nonfeasance
• C) Malfeasance
• D) Res ipsa loquitur
• E) Subpoena testificandum

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Definitions:

Proportional Tax

A tax system where the tax rate remains constant regardless of the amount subject to taxation.

Regressive Tax

A tax system wherein the tax rate decreases as the taxable amount increases, placing a higher burden on lower-income earners.

Sales Tax

A tax on the value of goods sold.

Wealth Tax

A tax on the wealth of an individual.