In California there is a state sales tax on
a. food.
b. buildings to be removed from land by the buyer as part of a transaction.
c. fixtures sold as part of a business.
d. inventory sold as part of a business.
Ans: c. fixtures sold as part of a business.
Business
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Losses in PASSIVE Real Estate can only be used to offset other _________________
Fill in the blank(s) with the appropriate word(s).
Business
Rotter Garder Inc. is a large-scale paint manufacturer known for its wide range of decorative paint products and industrial coatings. In addition to making paints, the company also owns and operates the retail stores that sell its products. This is an example of a(n) ________ vertical marketing system.
A) administered B) contractual C) referent D) corporate E) regulated
Business