Examlex
Which of the following is an example of a commercial risk?
Special Assessment
A charge that local governments impose on property owners to fund specific projects, such as infrastructure improvements, which directly benefit the property owners.
Derived Tax Revenues
Revenues obtained from taxes that are not directly levied on income or profits but are instead based on the use or consumption of goods and services.
Committed
Refers to being pledged or bound to a certain course or policy, especially in the context of project or resource planning.
Nonspendable
Funds that cannot be spent because they are either not in spendable form or are legally or contractually required to be maintained intact.
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