A tax on land will ultimately fall
ECONOMICS
JAMB 2013
A tax on land will ultimately fall
- A. partly on agents and users
- B. entirely on users
- C. entirely on owners
- D. partly on users and owners
Correct Answer: C. entirely on owners
Explanation
The seller is responsible for the maintenance of the property, any repairs and for paying property taxes and insurance, the same as any landlord.
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