Roger was self-employed and failed to pay his taxes and owed Revenue Canada $85,000 in taxes. He declared bankruptcy in 2004 and never had to repay the tax debt

In 2015 Roger again declared bankruptcy and this time he owed Revenue Canada $120,000 in unpaid taxes. As a result Roger

A) must again be discharged from his tax debt
B) can never be discharged from this tax debt
C) may have the court refuse to discharge this tax debt until he pays some of it
D) will face jail time for this tax debt
E) both B and D


C

Business

You might also like to view...

Which of the following is an example of an input control test?

a. sequence check b. zero value check c. spooling check d. range check

Business

Customer complaints noted in returned accounts receivable confirmations may be an indicator of fraud

a. True b. False Indicate whether the statement is true or false

Business

Service variability means that ________

A) the evaluation of services is subjective and changes from customer to customer B) service quality depends on when, where, and how they are provided C) services cannot be stored for later sale or use D) services cannot be seen, tasted, felt, heard, or smelled before they are bought E) services can be separated from their providers

Business

Who among the following does NOT participate in the purchase decision process of a buying organization?

A) individuals who use the product or service B) individuals who influence the buying decision C) individuals who make the buying decision D) individuals who supply raw materials E) individuals who control the flow of information to others

Business