Property taxes are described as "ad valorem" taxes. "Ad valorem" most nearly means:
A. Replacement value
B. According to value
C. Market value
D. Reproduction value
Answer: B. According to value
Business
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Under which area does the FCPA incorporate the wording of the Bank Secrecy Act and the Mail Fraud Act to prohibit the movement of funds overseas for the express purpose of conducting a fraudulent scheme?
A. Disclosure B. Exclusion C. Facilitation D. Prohibition
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What is the one thing the holder of a life estate may not do with the property?
a. Sell it b. Borrow against it c. Lease it d. Will it
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