Which One of the Following Is the Most Acceptable Theory

question 2

Multiple Choice

Which one of the following is the most acceptable theory of taxation:

• A)benefit theory
• B)cost of service theory
• C)ability to pay theory
• D)none of these

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Definitions:

Probability

The likelihood or chance of a specific event occurring, typically expressed as a number between 0 and 1.

Seat Belts

Protective mechanisms built into vehicles to shield passengers from injurious motion that might occur during an accident or abrupt halt.

Drivers

Individuals who operate vehicles, or factors that cause or influence a process or situation.

Poisson Distribution

A probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space.