A Corporation ________ Taxes on Its Profits and Its Stockholders

question 321

Multiple Choice

A corporation ________ taxes on its profits and its stockholders ________ taxes on any dividends made to them by the company.

• A) pays; pay
• B) pays; do not pay
• C) does not pay; pay
• D) does not pay; do not pay

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Definitions:

Electrolyte

A chemical substance containing free ions that make it electrically conductive, typically used in batteries and some types of fuel cells.

Hydrogen

A colorless, odorless, and highly flammable gas that is the most abundant element in the universe, commonly used in fuel cells and as a clean energy source.

Cold Cranking Amp

A measure of a battery's ability to start an engine in cold temperatures, specifically the number of amps a battery can support for 30 seconds at 0°F.

Volts

The unit of electric potential difference or electromotive force, measuring the energy per unit charge that drives current flow.