Author Question: Spiegel, Inc, has a catalog merchandise return facility in Nevada. Spiegel employs many phone ... (Read 55 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?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

For a complete list of videos, visit our video library