Which of the Following Statements Is Not Correct

question 505

Multiple Choice

Which of the following statements is not correct?

• A)A gasoline tax can be an example of a tax that uses the benefits principle.
• B)A progressive tax attempts to achieve vertical equity.
• C)A progressive tax can be an example of the ability-to-pay principle.
• D)A regressive tax attempts to achieve vertical equity.

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Definitions:

Attorney-Client Privilege

A legal principle that keeps communications between an attorney and their client confidential and protected from disclosure.

Paid Experts

Individuals with specialized knowledge hired to provide their expertise in exchange for compensation, commonly used in legal and corporate contexts.

Legal Advice

Guidance provided by a qualified lawyer or legal expert regarding the law in relation to specific situations or decisions.

Accountant-Client Privilege

A confidentiality principle that protects the communication between an accountant and their client from being disclosed without consent.