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Essay Multiple Choice

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All Jurisprudence based

0 tracked cards Commercial and Taxation Laws

After a properly heard application, an RTC preliminarily restrains a disputed business-tax auction while the timely challenge is litigated. The taxpayer announces that the order conclusively establishes permanent tax exemption and binds the final judgment. Which is correct?

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The bond becomes the final tax judgment The city loses all power to defend the assessment The provisional order preserves rights during litigation and does not itself finally adjudicate the tax merits No evidence may be received after an injunction issues

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