Which, If Any, of the Following Transactions Will Decrease a Taxing

question 91

Multiple Choice

Which, if any, of the following transactions will decrease a taxing jurisdiction's ad valorem tax revenue imposed on real estate?

• A)A tax holiday is granted to an out-of-state business that is searching for a new factory site.
• B)An abandoned church is converted to a restaurant.
• C)A public school is razed and turned into a city park.
• D)A local university sells a dormitory for use as an apartment building.
• E)None of the above.

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Definitions:

Holds Information

The capacity to retain and recall data or facts.

Hippocampus

A major component of the brain of humans and other vertebrates, playing critical roles in the consolidation of information from short-term memory to long-term memory and in spatial memory that enables navigation.

Long-term Memory

The component of the memory system capable of storing vast amounts of information for periods ranging from minutes to a lifetime.

Sensory Memory

The shortest-term element of memory, which acts as a buffer for stimuli received through the senses and lasts for a very short time.