Which of the Following Is Not a Social Objective of the Tax

question 35

Multiple Choice

Which of the following is not a social objective of the tax law?

• A)prohibition of a deduction for illegal bribes,fines and penalties
• B)a deduction for charitable contributions
• C)an exclusion for interest earned by large businesses
• D)creation of tax-favored pension plans

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Definitions:

Pancreas

A gland located behind the stomach that produces digestive enzymes and hormones, including insulin, important for metabolism and digestion.

Small Intestine

A long, tightly-folded tube where most of the digestion and absorption of nutrients occurs after the stomach.

Thrombosis

The formation of a blood clot within a blood vessel, potentially blocking blood flow through the circulatory system.

Stationary Clot

A blood clot that remains fixed in one location within the circulatory system, potentially leading to vascular blockages and complications.