Myspace Lost Steam in _____,But Facebook and Twitter Marched Ahead

question 130

Multiple Choice

Myspace lost steam in _____,but Facebook and Twitter marched ahead by attracting millions of users.

• A) 2004
• B) 2006
• C) 2008
• D) 2010

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Definitions:

Double Taxed

The situation where the same income is taxed twice, typically referring to corporate income taxed at both the corporate level and again when distributed as dividends to shareholders.

Tax Liability

The total amount of tax owed by an individual or business to a taxing authority like the government.

Incorporated Cooperatives

Organizations owned and operated by a group of individuals for their mutual benefit, which have been legally incorporated under state law.

Limited Liability

A legal principle where a person's financial responsibility is limited to a fixed sum, most commonly the value of a person's investment in a company or partnership.