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Questions and Answers
What is the main difference between a penalty and a special assessment?
What is the main difference between a penalty and a special assessment?
- A penalty is based on law and cannot generally be assigned, while a special assessment is based on contract and can be paid in kind.
- A penalty is a sum of money for different public use, while a special assessment is a sanction imposed as a punishment for violation of law or acts deemed injurious.
- A penalty is only imposed by the government or state, while a special assessment can also be imposed by private individuals.
- A penalty is designed to regulate conduct, while a special assessment is enforced proportional contribution from owners of lands for special benefits resulting from public improvements. (correct)
What is the main difference between a permit or license fee and a debt?
What is the main difference between a permit or license fee and a debt?
- A permit or license fee is based on law and cannot generally be assigned, while a debt is based on contract and can be paid in kind. (correct)
- A permit or license fee is a charge imposed under the police power for purposes of regulation, while a debt is a sum of money for different public use.
- A permit or license fee is designed to regulate conduct, while a debt is enforced proportional contribution from owners of lands for special benefits resulting from public improvements.
- A permit or license fee is only levied on land, while a debt is based on law and can be assigned.
Which of the following is not a source of tax authority?
Which of the following is not a source of tax authority?
- Executive Branch
- Judicial Branch
- Legislative Branch
- Public opinion (correct)
Toll tax can only be imposed by the government or state, not by private individuals.
Toll tax can only be imposed by the government or state, not by private individuals.
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Special assessment is limited to land only, and cannot be levied on individuals or other properties.
Special assessment is limited to land only, and cannot be levied on individuals or other properties.
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Revenue refers only to taxes and not to any other funds or income derived by the government.
Revenue refers only to taxes and not to any other funds or income derived by the government.
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Toll tax can only be imposed by the government or state
Toll tax can only be imposed by the government or state
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Penalty is primarily designed to raise revenue to defray necessary expenses of the government
Penalty is primarily designed to raise revenue to defray necessary expenses of the government
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Debt is generally payable in money and a person can be imprisoned for non-payment
Debt is generally payable in money and a person can be imprisoned for non-payment
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