In 2012, the U.S. Supreme Court determined that the penalty imposed by the Affordable Care Act (ACA) on those who did not purchase health insurance was a(n) ________

A) constitutional tax
B) unconstitutional surcharge
C) constitutional surcharge
D) unconstitutional tax


A

Business

You might also like to view...

Which of the following is included in the entry to record the issuance of 14,000 shares of $7 par value common stock at $21 per share for cash?

A) Cash is debited for $294,000. B) Common Stock is debited for $98,000. C) Common Stock is credited for $294,000. D) Paid-In Capital in Excess of Par—Common is debited for $196,000.

Business

________ is the set of values and the norms of behavior which are approved or sanctioned by a particular society.

A. Social structure B. National culture C. Social stratification D. Cultural pluralism E. Organizational culture

Business

The preparation of a budget is what kind of control?

a. concurrent b. damage c. rework d. preliminary

Business

Shad signs a promissory note payable to Theresa "with interest" on which he conspicuously notes that it is "nonnegotiable." This instrument is

A. negotiable. B. nonnegotiable, because it includes the notation "nonnegotiable." C. nonnegotiable, because it does not specify a rate of interest. D. nonnegotiable, because the exact amount payable cannot be determined from the face of the instrument.

Business