The US Social Security Tax Is an Example of a

question 4

Multiple Choice

The U.S. Social Security tax is an example of a

• A) progressive tax.
• B) proportional tax.
• C) premium tax.
• D) regressive tax.

---

Definitions:

Model Business Corporation Act (MBCA)

A model set of laws prepared by legal experts to provide a standard for corporate legislation across states, aiming to encourage uniformity.

Dissenters' Rights

Legal provisions that allow shareholders to object to certain corporate actions, typically offering them a right to receive payment for their shares.

National Securities Exchange

A securities exchange registered with the SEC, adhering to governmental standards and regulations for trading securities.

Substantially All

A term used in legal and finance contexts to indicate a majority or near-total portion of an asset, company's assets, or activity.