Use the Following Statements to Answer This Question

question 43

Multiple Choice

Use the following statements to answer this question:
I.Tax deductibility of dividends makes equity very desirable.
II.An instrument can be classified as debt even if it is not so in the Income Tax Act.

• A)I and II are correct.
• B)I and II are incorrect.
• C)I is incorrect and II is correct.
• D)I is correct and II is incorrect.

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Definitions:

Arousal

A psychological and physiological state of being awake or reactive to stimuli.

Easy Tasks

Activities or jobs that can be completed with minimal effort or difficulty.

Internal Push

An internal motivation or drive that compels an individual to take action or pursue goals.

External Pull

Influences or factors outside an individual that draw or entice them towards certain decisions, actions, or behaviors.