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Tesla Motors
"Going green" doesn't have to be boring.The Tesla Roadster Sport is an electric car that goes from 0 to 60 in four seconds and drives more like a race car than an environmentally-friendly ride.But that level of performance will set you back $128,500.As of 2009,Silicon Valley-based Tesla Motors,Inc.was the only company offering highway-compatible electric cars.Most Roadster Sport buyers are car enthusiasts and are buying them for the "fun toy" aspect of having an electric car rather than for environmental reasons.
-Refer to Tesla Motors.The price of the Roadster was set so that total revenue was as large as possible relative to total costs.This represents a _____ approach.
Double Taxation
The imposition of taxes on the same income, asset, or financial transaction at two different levels of government, such as both state and federal taxes on the same income.
S Corporation
A special designation for a corporation that allows income, losses, deductions, and credits to be passed through to shareholders for tax purposes.
Dual Purpose Corporation
A business entity designed to operate for both profit and to achieve a social or charitable goal.
General Partnership
A partnership in which the partners divide profits and management responsibility and share unlimited personal liability for the partnership’s debts.
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