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How to excise break contract

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[Music] all right hi Brady welcome back to another exciting video this may be the time to get out of that bad contract that youre in how you gonna do that force majeure clause force majeure clause without further a hesitation lets head to the attorney Steve litigation whiteboard okay so I had a special request from a good friend of mine and she said I want to hear more about this force majeure clause okay so Im going to tell you a little bit about contracts here Im gonna try to keep it as short as possible will refer to this as attorney Steve contracts college okay so when I was a law student back in Whittier law school I basically am gird the contracts law class okay so that means there was about a hundred hundred and fifty students in there I got the top grade how did I do it I dont know must be a master but you know what I did I wrote things down I drew pictures I wanted to see visually what was going on I drew people in businesses and the contracts and clauses and I made note

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How do you calculate FET on a tire?

They are designed to replace two tires in a dual fitment and are subject to a lower tax rate of 4.725 cents for each 10 pounds load capacity exceeding 3,500 pounds.Legislative History and Rationale. Weight of TireTax40 -70 lbs15 cents per lb. over 40 lbs.70 -90 lbs.$4.50 plus 30 cents per lb. over 70 lbs.2 more rows Oct 6, 2005

What does FET mean in taxes?

Federal Excise Taxes (FET)

What does FET mean in insurance?

The federal excise tax is a tax imposed on premium payments to offshore insurers: 4 percent on direct premiums and 1 percent on reinsurance premiums.

What does FET mean in trucking?

Federal Excise Tax Definition An excise tax is a tax included in the price of a specific product or good. Commercial truck purchases are assessed a 12 percent tax. This tax is included in the total cost of the product, and is paid by the customer.

Is FET the same as sales tax?

Sales tax applies to almost anything you purchase while excise tax only applies to specific goods and services. Sales tax is typically applied as a percentage of the sales price while excise tax is usually applied at a per unit rate.

What does an excise tax cause?

It implies that the application of taxation will lead to a decrease in quantity demanded. Excise taxes lead to either consumers paying more or producers receiving less.

What is an FET form?

Federal Excise Tax Exemption Program.

What are the disadvantages of an excise tax?

Such taxes distort consumer choices by driving a wedge between marginal cost and price. The more elastic the demand for a product, the greater will be the excess burden of an excise be- cause such a tax will have a relatively large impact on the quantity consumed.

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Excise break contract easily