What is the difference between a sales tax and a use tax? What ...

[kellyjaisingh]

What is the difference between a sales tax and a use tax?
 
  What will be an ideal response?

Question 2

Which article of the Uniform Commercial Code governs sale of goods?
 
  A) Article 9 B) Article 5 C) Article 1 D) Article 2

[stano32]

Answer to Question 1

Sales tax is a tax imposed on the sale of goods and services, usually measured as a percentage of their price. Use tax is a tax imposed on the use of certain goods that are bought outside the taxing authority's jurisdiction. Use tax is designed to discourage the purchase of products that are not subject to the sales tax.

Answer to Question 2

D

[kellyjaisingh]

Thanks for the timely response, appreciate it

[kthug]

Great answer, keep it coming