Legislators Are Indifferent About Placing a Unit Tax on the Suppliers

question 3

Multiple Choice

Legislators are indifferent about placing a unit tax on the suppliers of a good or the demanders.If a tax is placed on the suppliers of the good _____

• A)suppliers will pay the entire tax
• B)suppliers will pay more than if the tax were initially placed on the demanders
• C)suppliers will pay exactly what they would pay if the tax were initially placed on the demanders
• D)suppliers will pay less than if the tax were initially placed on the demanders

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Definitions:

UECA

Stands for Uniform Electronic Commerce Act; a set of laws intended to facilitate electronic commerce by giving legal recognition to electronic records and signatures.

Email Communication

The use of electronic mail for exchanging messages, documents, or information, which can have legal significance, especially in business transactions.

Web-Based Communication

The exchange of information through internet-based platforms, including email, instant messaging, social media, and websites.

Acceptance

In contract law, the act of agreeing to an offer's terms, thereby creating a binding contract.