Paul and Chris Own Lucky's Liquor Store

question 126

Multiple Choice

Paul and Chris own Lucky's Liquor Store. They are careful to pay all of their taxes in full and on time. Recently, the local government has decided to raise the taxes imposed on the sale of cigarettes and liquor. Paul and Chris are upset about this because

• A) they will certainly have to pay more taxes.
• B) people will likely buy less cigarettes and liquor from them.
• C) the government has increased the sales tax.
• D) their personal property tax will now increase.

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A typical abbreviation for Eastern Standard Time, the time zone covering the east coast of the United States; without context, could refer to other meanings such as Electronic Spark Timing in automotive.

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