Double taxation on profits is:
a. a disadvantage to the corporate form of organization b. an advantage to the corporate form of organization
c. an incentive for governments to lower sales taxes for corporations d. a driving force behind the trend of businesses moving overseas
e. a clever economic strategy
Question 2
The Consumer Leasing Act would apply to a lease of furniture for an apartment for a year.
a. True
b. False
Indicate whether the statement is true or false