UNIFORM TRANSFER TAX
Uniform Transfer Tax is the combination of federal gift taxes and federal estate taxes. It works by taxing the transfer of assets to a chosen beneficiary due to a person’s death and transfer of assets from one person to another without receiving anything or getting less than the market value in return.
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Tit for Tat
Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
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Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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Do I Need to Move Out or Renovate My House?
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