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Organizational Structure Creates Formal Power and Authority by ___________

question 15

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Organizational structure creates formal power and authority by ___________.

Assess the financial impact of local improvements and exemptions on annual tax bills.
Convert tax rates into different units of measurement.
Calculate combined gross income from various income sources.
Determine tax reimbursement amounts upon property sale using proration.

Definitions:

Void

Having no legal force or effect; null and totally ineffective.

Breach of Contract

The omission of performing any clause of an agreement, whether written or orally communicated, without a defensible legal excuse.

Payments

The act of transferring money or other valuable consideration from one party to another as a fulfillment of a legal obligation or for the acquisition of goods or services.

Contract

A legally binding agreement between two or more parties, creating obligations that are enforceable by law.

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