Author Question: As a general matter, a person's status as a taxpayer: A) establishes sufficient interest to ... (Read 29 times)

saliriagwu · **on:** Aug 3, 2018

As a general matter, a person's status as a taxpayer:

A) establishes sufficient interest to challenge any law that is believed to be unconstitutional.
B) does not establish sufficient interest to challenge any law.
C) establishes sufficient interest to challenge expenditures of funds to which the taxpayer contributed, so long as the expenditure is unconstitutional.
D) none of the above are correct.

Question 2

In preparation for the closing, the seller is typically concerned about proceeds of the sale, while the buyer is interested in how much money will be needed to complete the transaction. To assist them in their preparation, the buyer and seller should be provided with:

A. Estimated closing costs
B. The precise amounts required at the closing
C. A lender's statement waiving the closing costs
D. General deferment statement