The Burden of a Sales Tax Will Be Shared by Consumer

question 15

True/False

The burden of a sales tax will be shared by consumer and supplier.

---

Definitions:

Illegal Practices

Activities that are prohibited by law and can include a wide range of offenses from fraud to environmental violations.

Business Interests

Refers to the stakes or investments that an individual or company holds in a particular sector or business to gain financial or strategic benefits.

Licensing Agreement

A legal contract where a licensor allows a licensee to use certain property, such as patents or trademarks, under agreed terms.

Footwear Company

A business entity that designs, manufactures, markets, and sells shoes and related products.