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  • Directions: Choose the expression which is nearest to the...
Multiple choice

Directions: Choose the expression which is nearest to the meaning of given foreign expression.

Ad valorem

  1. without sense

  2. according to law

  3. according to rule

  4. according to value

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Ad valorem is a Latin phrase meaning 'according to value', commonly used in economics regarding taxes.

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