Author Question: Spiegel, Inc, has a catalog merchandise return facility in Nevada. Spiegel employs many phone ... (Read 72 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
Spiegel, Inc, has a catalog merchandise return facility in Nevada. Spiegel employs many phone operators for processing return requests, and merchandise is returned to the facility and stored there for later dispatch. The state of Nevada has proposed taxing Spiegel's full inventory based on the theory that it could have passed through the Nevada facility. Spiegel's main warehouse is in Chicago, Illinois. Nevada:
 A) has the power to tax Spiegel's full inventory because of its location in the state.
 B) has the power to tax Spiegel so long as all merchants in Nevada are taxed the same way.
 C) has properly apportioned its tax since it only applies to inventory and not income.
 D) does not have the authority under the U.S. Constitution to tax Spiegel's full inventory.

Question 2

The Foreign Corrupt Practices Act is not applicable in NAFTA or GATT contracts.
  Indicate whether the statement is true or false



CAPTAINAMERICA

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

D

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

There are more bacteria in your mouth than there are people in the world.

For a complete list of videos, visit our video library