Solved

Match Each Statement to the Item Listed Below

Question 10

Matching

Match each statement to the item listed below.

Premises:
Assessed Rate
Property Tax
Market Value
Personal Property
Assessed Value
Responses:
Tax imposed on a property owner to pay for public services
An arbitrary rate set by the taxing body
The value of a property listed in tax records for taxation purposes
Possessions like cars, jewelry, and furnishings
How much a property would sell for on the competitive market

Correct Answer:

Assessed Rate
Property Tax
Market Value
Personal Property
Assessed Value
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