As Life Forms Become More Advanced,new Properties Occur

question 22

Short Answer

As life forms become more advanced,new properties occur.These properties are referred to as ______________.

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Definitions:

Market Value

The present rate at which one can buy or sell an asset or service on the open market.

Property Taxes

Taxes assessed on real estate by the local government, calculated as a percentage of the property's value.

Tax Rate

The proportion of income that the government taxes an individual or company.

Tax Bill

A statement from a governmental authority detailing the amount of taxes owed by an individual or entity, specifying due dates and payment instructions.