(Consider This) Which of the Following Claims Is Not Made

question 46

Multiple Choice

(Consider This) Which of the following claims is not made by defenders of lotteries?

• A) Lotteries are a relatively painless way to fund important government services.
• B) Lotteries help reduce organized crime by providing an alternative to illegal gambling.
• C) Lotteries are preferable to taxes because they are voluntary.
• D) Lotteries are progressive in nature, with higher income families playing more frequently.

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Definitions:

Takeover

The acquisition of one company by another, either through direct purchase or by obtaining a majority stake in the target company.

Assets

Resources owned by an individual or entity that have economic value and can be converted into cash.

Consolidation

The process of combining two or more entities into a single entity, often with the goal of improving efficiency or reducing costs.

Assets and Liabilities

The items a company owns (assets) and the debts it owes (liabilities), fundamental components of a company's financial health.