The California Sales and Use Tax Law protects a buyer from liability for:
a. unpaid sales tax
b. unpaid property tax
c. unpaid liens against a business
d. judgments made against a business
Answer: c. unpaid liens against a business
You might also like to view...
What must large Japanese corporations report for years ending after 2004 due to recent amendments to the Japanese commercial code?
A. Statement of changes in financial position B. Consolidated financial statements C. Retained earnings statement D. Cash flow statement
Marcie contacted broker Rita to list her house for sale at a price of $250,000. She told Rita that she needed a quick sale. At an open house, Rita told a prospective buyer that Marcie needed to sell fast and that she might accept $225,000. Marcie accepted the offer of $225,000. Which of the following is correct?
A. Rita violated her fiduciary duty by disclosing confidential information B. Rita violated her fiduciary duty, but she isn't liable for the harm, since Marcie accepted the offer C. Rita did not violate her fiduciary duty, since the offer was accepted D. Rita did not violate her fiduciary duty, since this would be considered a material fact