Question
An agreement enforceable at law is
a_______________________Solution
An agreement enforceable by law is called a Contract so an agreement cannot be said to be a Contract unless it is enforced by law. Thus, a Contract is an agreement that is accepted by both parties and is enforceable by law which gives certain rights and obligations that the parties must fulfill.Â
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To gauge the sacrifice made by a taxpayer, we should use the _____ tax rate.Â
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