Which, If Any, of the Following Transactions Will Decrease a Taxing

question 47

Multiple Choice

Which, if any, of the following transactions will decrease a taxing jurisdiction's ad valorem tax revenue imposed on real estate?

• A)A tax holiday is granted to an out-of-state business that is searching for a new factory site.
• B)An abandoned church is converted to a restaurant.
• C)A public school is razed and turned into a city park.
• D)A local university sells a dormitory that will be converted for use as an apartment building.
• E)None of these.

---

Definitions:

Trade Name

A commercial name under which a company conducts business, distinct from the company's legal name.

Administered Vertical Marketing System

A coordinated marketing strategy where a dominant member of a distribution channel wields its power to organize, manage, and motivate other members in the channel to ensure a cohesive and efficient marketing effort.

Contractual Vertical Marketing System

A formal agreement among members at different levels of the distribution channel to work together in order to more efficiently reach the consumer.