Which of the Following Is an Excise Tax

question 6

Multiple Choice

Which of the following is an excise tax?

• A)tax levied on corporate income
• B)tax levied on personal income
• C)tax levied on the consumption of a certain good
• D)tax levied on the top 2 percent of income earners

---

Definitions:

Multi-Level Marketing

A direct sales strategy where individuals sell products and recruit others to sell, earning commissions from their sales and the sales of the team they recruit.

Loyalty Selling

A sales strategy focused on creating and maintaining long-term relationships with customers to encourage repeat business.

Personal Relationship

A connection between individuals based on emotional or social bonds, often characterized by mutual respect, understanding, and communication.

Personal Selling

A direct marketing approach where individual salespeople reach out to potential customers through face-to-face meetings, calls, or personalized messages.