Contributing to the Success of Loophole Politics Prior to Passage

question 86

Multiple Choice

 Contributing to the success of loophole politics prior to passage of the 1986 tax bill was the 

• A) strong support of policy entrepreneurs such as Ralph Nader. 
• B) existence of low marginal rates to offset revenues lost through deductions. 
• C) decentralized structure of Congress. 
• D) existence of tariff revenues to offset revenues lost through deductions. 
• E) strong support of the conservative coalition and Ralph Nader.

---

Definitions:

Warranty Of Merchantability

An implicit guarantee that a product sold by a merchant meets certain quality and performance standards.

Implied Warranty

A legal term indicating that a product is guaranteed to function as it is supposed to, even if not explicitly stated.

Warranty Of Fitness

A guarantee that a product will meet a buyer's specified needs and expectations.

Express Warranty

A written guarantee, issued to the purchaser of an item, promising to repair or replace it if necessary within a specified period.