This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the difference between a sales tax and a use tax? What will be an ideal ... (Read 54 times)

kellyjaisingh

  • Hero Member
  • *****
  • Posts: 540
on: Aug 3, 2018
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

stano32

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Aug 3, 2018
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

  • Member
  • Posts: 540
Reply 2 on: Aug 3, 2018
Wow, this really help

tuate

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

The difference between AZT-sensitive versus AZT-resistant reverse transcriptases The difference between AZT-sensitive versus AZT-resistant reverse transcriptases
The difference between mieosis and mitoses The difference between mieosis and mitoses
Difference between.... Difference between....
The slight (5 microsecond) difference in the firing of the companion cylinders is enough time to ... The slight (5 microsecond) difference in the firing of the companion cylinders is enough time to ...
Resting Membrane Potential: Voltage Difference Resting Membrane Potential: Voltage Difference
If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas? If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas?
Video: Medullary osmotic gradient: countercurrent multiplier, urea recycling & vasa recta countercurrent exchange

For a complete list of videos, visit our video library