The Government Attempts to Limit Double-Taxation of Company Profits By

question 101

Multiple Choice

The government attempts to limit double-taxation of company profits by:

• A)taxing only the corporation's stockholders
• B)allowing people who receive dividend income to claim credit for tax already paid by the company
• C)taxing only dividends
• D)allowing people who receive income from the company to claim credit for tax already paid on dividends

---

Definitions:

Electrophilic Aromatic Substitution

A chemical reaction in which an atom, typically a halogen, is substituted for a hydrogen atom on an aromatic ring, facilitated by an electrophile.

Drug Addiction

A chronic disease characterized by compulsive drug seeking and use, despite harmful consequences.

Metabolic Syndrome

A cluster of conditions that occur together, increasing the risk of heart disease, stroke, and diabetes; these conditions include increased blood pressure, high blood sugar, excess body fat around the waist, and abnormal cholesterol levels.

Resonance Structures

Representations of a molecule showing different possible positions for double bonds and lone pairs, indicating the molecule's delocalized electrons.