Which of the Following Statements Is TRUE

question 59

Multiple Choice

Which of the following statements is TRUE?

• A)A harmonized sales tax now exists in every province except Alberta and Quebec.
• B)A specialization agreement, in which one business promises to stop producing a product in exchange for another company's promise to stop producing a different product, is always treated as a criminal offence under the Competition Act.
• C)Within the context of corporations and shareholders, "integration" refers to the federal government's attempt to create rules that generate the same amount of income tax whether a business is conducted directly by an individual or through a corporation.
• D)The Competition Act's rules regarding misleading advertising previously appeared in the provincial Sale of Goods Acts.
• E)The Supreme Court of Canada's decision in Tervita Corporation v Commission of Competition stands for the proposition that the defence of due diligence is not available to a taxpayer that is accused of tax evasion.

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Definitions:

Make-Table Query

A Make-Table Query is a type of query in database management systems that creates a new table and populates it with data selected from one or more existing tables.

Action Query

A type of database query that not only retrieves data but also modifies the data in the database according to specific criteria.

New Table

A feature in database applications that allows users to create a new table for storing data.

Action Queries

SQL commands that cause changes in the data or structure of a database.