The city of Granby, Colorado, recently enacted a 1.5 percent surcharge on vacation cabin rentals that will fund the city's new elementary school. This surcharge is an example of ________.
A. a sin tax to discourage undesirable behavior
B. a government fine
C. a sin tax to discourage undesirable behavior and an earmarked tax
D. an earmarked tax
E. None of the choices are correct
Answer: D
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State law provides that existing shareholders may buy new issues of stock in the same
proportion as their current holdings. This is done to allow the current stockholders to keep the same voting and dividend rights they had before the new issue. This right is known as a right of: A) Ratification. B) Preemption. C) Buy-sell. D) First refusal. E) Redemption.
Which of the following provides that all assets acquired during a marriage, other than gifts and
inheritances, belong equally to the two spouses? A) Joint tenancy B) Tenancy by the entirety C) Community property law D) Marital partnership laws E) Spousal equality laws
Which of the following types of transportation will provide the best service capability?
A) contract B) private C) common D) All of the above are equal. E) none of the above
The ________ is the global organization of countries that oversees rules and regulations for international trade and investment, including agriculture, intellectual property, services, competition, and subsidies.
A. NAFTA B. ITO C. WTO D. WIPO