Bequeth - Study guides, Class notes & Summaries
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WGU C237 Taxation I Comprehensive Actual Exam Questions With Detailed Correct Answers.
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Describe the history of taxation in the US - correct answer 1861 - to finance civil war 
1894 - Income tax reinstated but ruled unconstitutional 1895 
1913 - 16th amendment 
1940 - WWII mass tax 
1943 - pay as you go withholding 
1986 - Internal Revenue Code 
 
Identify the sources of tax law - correct answer Legislative Branch 
 - Internal Revenue Code (Top) 
 - Congressional Committee Reports 
Executi...
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NJ Title Producer Terms & Concepts with Written Questions and Verified Answers
- Exam (elaborations) • 7 pages • 2024
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NJ Title Producer Terms & Concepts with Written Questions and Verified Answers 
Feudal ANSWER Royalty Alloidial ANSWER Commoner 
 
Littoral rights (WATER) ANSWER Unrestricted rights granted to owners whose land borders oceans and large, navigable lakes that have a tide. 
 
Merger ANSWER When lesser interest is automatically absorbed when greater interest is acquired 
 
Real Estate ANSWER Land itself and whatever is affixed to it 
 
Personal property ANSWER Any property that is not real property...
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