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An extract obligation is a backhanded duty forced upon merchandise during the course of their assembling, creation or appropriation, and is normally proportionate to their

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An extract obligation is a backhanded duty forced upon merchandise during the course of their assembling, creation or appropriation, and is normally proportionate to their amount or worth. Extract obligations were first brought into England in the year 1643, as a component of a plan of income and tax collection concocted by parliamentarian John Pym and endorsed by the Long

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