General Corporation Is Taxable in a Number of States

question 53

Multiple Choice

General Corporation is taxable in a number of states. This year, General made a $100,000 sale from its A headquarters to a customer in B. This activity is not sufficient for General to create nexus with B. State B applies a throwback rule, but State A does not. In which state(s) will the sale be included in the sales factor numerator?

• A) $0 in both A and B.
• B) $100,000 in A.
• C) $100,000 in B.
• D) In both A and B, according to the apportionment formulas of each.

---

Definitions:

Settling Point

A theory in weight regulation that suggests body weight is regulated at a predetermined, or 'settled,' point by a feedback control mechanism.

Set Point

A theory suggesting that individuals have a natural, genetically determined weight or temperature that the body regulates to maintain.

Psychological Factors

Elements or aspects of a person's mental and emotional state that influence their behavior and well-being.

Neophobia

The fear of anything new, often seen as an aversion to novelty or changes.