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weeeeeb [17]
3 years ago
14

WHY do we pay tax and what is it use for

Business
2 answers:
Vika [28.1K]3 years ago
7 0
Money paid in taxes go to the state funding.
lara [203]3 years ago
5 0
We pay taxes <span>The money you pay in taxes goes to many places. In addition to paying the salaries of government workers, your tax dollars also help to support common resources, such as police and firefighters. Tax money helps to ensure the roads you travel on are safe and well-maintained. Taxes fund public libraries and parks. </span>
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the biggest challenge facing the growth of new franchises is: A) market saturation B)competition from independent entrepreneurs
Furkat [3]

Answer:

(A) market saturation

Explanation:

A franchisee starts a new franchise by entering into a franchising agreement with a franchiser to use its brand name and sell its products. The biggest challenge faced by this new franchise is market saturation.

This occurs because<u> the presence of other similar businesses, whether franchises or independently owned businesses in the market, creates lots of competition for the new franchise.</u>

6 0
3 years ago
Roscoe signs a written agreement with Philip, giving Philip the right to cast Roscoe's votes for a certain group of people nomin
WINSTONCH [101]

Answer: Proxy

Explanation:

 The proxy agreement is one of the type of legal or the authorized act which is done of the behalf of another person. By using this type of agreement we can easily done various types of legal formalities in the business management firm.

The proxy agreement should in the written format and specifically signed by the other member or party in the management. The proxy agreement is valid 10 months starting from the the date of issue.

According to the given question, the agreement between the Philip and the Roscoe is basically know  as the proxy agreement in the corporation.

Therefore, Proxy is the correct answer.

8 0
3 years ago
the clause in a mortgage that best describes the requirement of the mortgagee to execute a satisfaction of mortgage when the not
pashok25 [27]

The clause in a mortgage that best describes the requirement of the mortgagee to execute a satisfaction of mortgage when the note has been fully paid is <u>defeasance</u>

<u></u>

<h3>What Is Defeasance?</h3>

When the borrower sets aside cash or bonds big enough to pay the obligation, the contract's defeasance clause renders the bond or loan worthless on the balance sheet. The outstanding debt and cash balance on the balance sheet are equal, thus they do not need to be reported because the borrower sets aside funds to pay down the bonds.

Buying commercial real estate is one instance of using defeasance. Due to commitments to bondholders having a stake in the commercial mortgage-backed securities (CMBS) that houses the loan, commercial loans may have hefty prepayment penalties in contrast to home mortgages.

To learn more about defeasance from given link

brainly.com/question/17253783

#SPJ4

5 0
2 years ago
What is the capability of two or more computer systems to share data and resources, even though they are made by different manuf
SpyIntel [72]

Interoperability in the capability of automated structures to connect and talk with each other effortlessly, despite the fact that they were evolved through widely one-of-a-kind manufacturers in specific industries.

Interoperability refers back to the ability of apps, equipment, products, and structures from extraordinary corporations to seamlessly communicate and technique data in a manner that does not require any involvement from end-users.

Interoperability is the capability of or greater systems to exchange fitness information and use the facts once it's miles obtained. it'll take time for all varieties of health IT to be completely interoperable.

Interoperability requirements permit the operational techniques underlying the exchange and sharing of data between specific systems to make sure all virtual studies outputs are Findable, available, Interoperable, and Reusable, in line with the fair principles1.

Learn more about Interoperability  here:brainly.com/question/7671465

#SPJ4

3 0
1 year ago
Which of the following statements about nontaxable exchanges is true? Multiple Choice
Kazeer [188]

Answer:

The correct option is C.

Explanation:

Non- taxable exchange is an exchange where an individual is not taxed on any gain or profit and will not allowed to deduct or subtract any loss. If an individual in a non - taxable exchange, receive property then the basis is same as the basis of the property which is transferred.

So, the statement which is true is that both the parties of the exchange need to agree that the properties which are exchanged should be of equal value.

6 0
3 years ago
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