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Essay Multiple Choice

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All Jurisprudence based

0 tracked cards Commercial and Taxation Laws

A government-acquired tax parcel is lawfully auctioned under 216 after proper notice. The officer deposits proceeds with the Treasury but refuses any accounting to the COA Chairman because the money was deposited correctly. Which is best?

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The purchaser may waive all public accounting requirements. Accounting is required only if the officer steals the money. Proceeds must instead go to the officer's family. Deposit and the specified accounting are separate statutory requirements.

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