choose the correct answer for the two items. nitionWhich of the folowing statements is incorrect?a Taxes are the revenues raised in the exercise of the policepower of the Stateb. One of the special characteristics of tax is it is unlimited inamountc The three fundamental powers of the State are Inherent in theState and may be exercised without the need of anyconstitutional grantd. All of the aboveThe State, having sovereignty can enforce contributions (tax) upon itscitizens even without a specific provision in the Constitutionauthorizing it Which of the following will justify the foregoingstatement?a kis so because the State has the supreme power to commandand enforce obedience to its will from the people within itsjurisdction. b. Any provision in the Consttution regarding taation does notcreate rights for the sovercignty to have the power to tax bmerely constitutes imitations upon he supremacy of apower.c Bolh "a" andd. Nether a mor

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Which of the folowing statements is a Taxes are the revenues raised in the exercise of the police power of the State. b. One of the special characteristics of tax is it is unlimited in amount c The three fundamental powers of the State are Inherent in the State and may be exercised without the need of any constitutional grant. d. All of the above

Which of the folowing statements is a Taxes are the revenues raised in the exercise of the police power of the State. b. One of the special characteristics of tax is it is unlimited in amount c The three fundamental powers of the State are Inherent in the State and may be exercised without the need of any constitutional grant. d. All of the above

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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