Which of the Following Is True Regarding Real Property Taxes

question 40

Multiple Choice

Which of the following is true regarding real property taxes and personal property taxes?

• A) Personal property taxes are assessed on permanent structures and land
• B) Real property taxes are assessed on cars and boats
• C) All U.S. states currently impose personal property taxes
• D) Real property taxes are generally easier to administer than personal property taxes
• E) None of these is true

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Definitions:

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Formal agreements between countries or sovereign states that are recognized by international law, covering a wide range of subjects such as human rights, trade, and environmental protection.

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The variability among living organisms from all sources including terrestrial, marine, and other aquatic ecosystems and the ecological complexes of which they are part; essentially another term for biodiversity.

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Species that are at risk of extinction due to a rapid decline in population or habitat, often caused by human activities.

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Importantly diverse and productive ecological systems that are crucial for the sustainability of life and the ecological balance on Earth.