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Ajay, Age 8, Sleeps in the Back of the Shop

question 14

Multiple Choice

Ajay, age 8, sleeps in the back of the shop where he works. His gets a bowl of rice with vegetables to eat. He carries heavy loads. In Ajay's village, his siblings sometimes have nothing to eat. None of them goes to school. His employer's son sometimes brings a book in the evening to teach Ajay to read. In making a judgment about Ajay's situation, one must consider:


Definitions:

Double Taxation

The imposition of two or more taxes on the same income, asset, or financial transaction, often occurring with income taxed both at corporate and personal levels.

Firm Life

The period during which a company operates, from its inception to the point it ceases operations or is dissolved.

Ease of Formation

The simplicity with which a business or company can be legally established, often considered in the context of different types of business entities like corporations, partnerships, and sole proprietorships.

Treasurer

An executive role in a company or organization responsible for managing the institution's finances, including investments, capital structure, and liquidity.

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