Suppose Mary Finds It Easier to Conserve Than Jim Does

question 40

Multiple Choice

Suppose Mary finds it easier to conserve than Jim does. The difference between a tax incentive program and a marketable certificate plan in this case is that:

• A) Mary undertakes most of the conservation in the case of a tax incentive program and least in the marketable certificate program.
• B) Mary undertakes least of the conservation in the case of a tax incentive program and most in the marketable certificate program.
• C) Mary takes on most of the conservation in both cases but can be paid by Jim in the marketable certificate program.
• D) Jim takes on most of the conservation in both cases but can be paid by Mary in the marketable certificate program.

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Definitions:

Insurance Expense

The cost incurred by a business or individual for purchasing insurance coverage, recognized as an expense over the policy period.