The company car tax scheme will be altered from 2011-12 including the abolition of the £80,000 cost cap and the discounts for alternative fuels.

Tying contracts are agreements in which a producer requires a buyer (usually a retailer) to purchase one or more other PRODUCTs as a condition of PURCHASING the product the buyer wants to acquire. Tying contracts potentially limit COMPETITION and can be challenged under the SHERMAN ANTITRUST ACT and the CLAYTON ANTITRUST ACT.

Management theorist Fredrick Herzberg�s two-factor theory of motivation suggests that there are two components to EMPLOYEE MOTIVATION in the workplace. In 1959 Herzberg suggested that the sets of circumstances that make people unsatisfied at work (hygiene factors) are a different set from the sets of circumstances that make people satisfied (motivating factors).

The Truth in Lending Act (TILA) requires lenders to provide uniform disclosure of credit terms. Initially passed by Congress in 1968, the TILA, amended several times, was designed to increase consumer knowledge and understanding of credit offerings. With uniform disclosure requirements, consumers could compare credit offerings and make better decisions.

A trust is a legal arrangement in which an individual (the grantor) transfers legal ownership of ASSETS to one party (the trustee) and the legal right to enjoy and benefit from those assets to a second party (the beneficiary). This arrangement is generally designed for the protection of the beneficiary, who is often a minor child or family member incapable of competently managing the assets themselves.

The theory of trickle-down economics posits that ECONOMIC GROWTH benefits all members of society, including the poor. One analogy is the idea that �a rising tide raises all ships,� suggesting that when the economy expands, everyone benefits. Logically, if economic growth benefits everyone in society, then efforts by government to stimulate economic growth are good for society.

See ADJUSTING ENTRY, TRIAL BALANCE, ADJUSTED TRIAL BALANCE.

See COMMON STOCK, PREFERRED STOCK, TREASURY STOCK.

Transfer taxes are those taxes imposed when property is transferred from one party to another. The estate tax and the gift tax are WEALTH-transfer taxes that combine to create the unified transfer-tax system. Gift taxes apply if a person transfers property while alive; estate taxes apply when a property is transferred after death.

Transfer payments are expenditures by government for which no goods or SERVICES are received in return. In the United States, transfer payments consist mostly of SOCIAL SECURITY, Medicare, Medicaid, UNEMPLOYMENT benefits, and other WELFARE programs.