If the Subject of the Contract Includes Issues That May

question 38

Multiple Choice

If the subject of the contract includes issues that may be controversial,it is best to:

• A) keep lawyers out of the negotiation, so relationships are not strained.
• B) deal with them up front before the relationship is strained.
• C) deal with them one at a time, as the problems arise.
• D) state your position up front and stand firm when the other party objects.

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Definitions:

Property Taxes

Taxes imposed on property owners by local governments, calculated as a percentage of the property's value.

Sales and Excise Taxes

Taxes imposed on the sale of specific goods (excise) and on a broad range of products at the point of sale (sales), used by governments to raise revenue, potentially influence consumer behavior, and fund public goods and services.

Transfer Payment

Payment by one branch of government to another or to an individual. Largest transfer payment is Social Security.

Aid to Families

Programs providing financial or other assistance to families, often targeting housing, healthcare, or income support.