________ Taxes Are Implemented,in Part,to Help Control Potentially Harmful Practices,on

question 33

Multiple Choice

________ taxes are implemented,in part,to help control potentially harmful practices,on selected items such as gasoline,tobacco,and liquor.

• A) Income
• B) Property
• C) Sales
• D) Excise
• E) Payroll

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Definitions:

Assignment

The transfer of rights or property from one party to another, often used in reference to contracts or leases.

Doctrine of Privity

A legal principle stating that only the parties to a contract can sue or be sued on the contract's terms.

Leading Cases

Landmark court decisions that establish significant new legal principles or concepts or significantly change the interpretation of existing laws.

Contract

A legally binding agreement between two or more parties that specifies obligations and rights concerning particular terms.