For each of the key terms listed, indicate the BEST definition of that term, or that none of the definitions apply. 1. Any business or trade carried on by a person, or any supply of real property made by a person. 2. A combined federal/provincial sales tax that is generally assessed on the same basis as the federal GST. 3. An amount, claimable by a registrant, for GST/HST paid or payable on goods or services that were acquired or imported for consumption, use, or supply in the course of the registrant's Zero-Rated Goods and commercial activity. Services 4. A method of determining GST/HST Harmonized Sales Tax amounts payable or receivable that is available to registrants with annual GST/HST taxable sales, including those of associated businesses, of $400,000 or less. Exempt Supplies Specified percentages are applied to the GST/HST inclusive sales figures to determine the GST/HST payable or the refund. Input tax credits on capital expenditures are Input Tax Credit tracked separately. 5. Goods and services that are not subject to the GST/HST. 6. Goods and services that are taxable at a zero GST/HST rate. Registrants who sell such goods are eligible for input tax credits. 7. None of the definitions apply. 8. A tax based on the value added to a product at each stage of production or distribution by a particular entity