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Which of the Following Individuals Is LEAST Likely to Cheat

question 13

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Which of the following individuals is LEAST likely to cheat on his income tax returns?


Definitions:

Incorporator

An individual or entity that is responsible for the creation and filing of a company's founding documents with the relevant state agency.

Incorporation

The process of legally declaring a corporate entity as separate from its owners, providing it with legal rights and obligations.

Nonprofit Corporation

A corporation that operates for educational, charitable, social, religious, civic, or humanitarian purposes rather than to earn a profit.

Earn Profits

The act of making money in excess of the costs incurred in producing or selling goods or services.

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