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Katena32 [7]
3 years ago
13

Explain how a sales tax works and how the money makes its way to government.

Social Studies
1 answer:
AfilCa [17]3 years ago
3 0

Answer:

Sales tax. A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. ... Often laws provide for the exemption of certain goods or services from sales and use tax.

Explanation:

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Explanation:

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Which is not a requirement for a merchant's confirmation memorandum? a. evidenced by a record b. signed by both parties c. under
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b. signed by both parties

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           It states that a sales agreement which is of $500 or more than that must be evidenced in a written form. The Uniform Commercial Codes confirmation memorandum of merchants allows that two parties or merchants having an oral agreement is bound to have a memo or a letter which is signed by only one party and which stands without objection for at least ten days.

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