Circuit City Stores, Inc v. Commissioner of Revenue
a. the issue was where were the goods identified.
b. the Court determined that the goods were not subject to Massachusetts sales tax because title did not pass until they were picked up in new Hampshire.
c. The case involved insurable interest in good sold in one state but picked up in another.
d. the court determined that until a specific serial number was recorded and the goods were identified title could not pass.
a
You might also like to view...
A ______ budget allocates increased or decreased funds to a department by using the last budget period as a reference point.
A. standardized B. fixed C. zero-based D. incremental E. tactical
What is immediate, up-to-date information?
A. Information granularity B. Real-time systems C. Information governance D. Real-time information
Discuss the importance of collaborative writing in the workplace
What will be an ideal response?
Given the options below, identify the correct accounting equation formula.
A. Liabilities = Assets + Owner's Equity. B. Assets + Liabilities = Owner's Equity. C. Assets + Owner's Equity = Liabilities. D. Assets = Liabilities + Owner's Equity.