Port cities in California imposed a property tax on cargo containers used by Japanese ships for loading and unloading cargo. The Supreme Court held the tax:

a. constitutional because it was on foreign-owned property
b. constitutional because it was imposed the same on all containers, regardless of ownership c. unconstitutional interference with states' rights
d. unconstitutional interference with the exclusive federal taxing power e. none of the other choices


e

Business

You might also like to view...

Amazon's Associates program is an example of which of the following?

A. viral marketing B. local marketing C. affiliate marketing D. lead generation marketing

Business

Lobbying, or building and maintaining relations with legislators and government officials to influence legislation and regulation, is part of ________

A) outdated business ethics B) media relations C) reactive PR D) crisis management E) public relations

Business

Selected information for Henriot Company is as follows: December 31 2013 2014 Common stock ................................ $600,000 $600,000 Additional paid-in capital .................. 250,000 250,000 Retained earnings ........................... 170,000 370,000 Net income for year ......................... 120,000 240,000 Henriot's return on common stockholder's equity, rounded to the nearest

percentage point, for 2014 is a. 20 percent. b. 21 percent. c. 28 percent. d. 40 percent.

Business

Heightened preparedness for a crisis includes defining the risks and describing actions to mitigate them

Indicate whether the statement is true or false

Business