A demonstration of social responsibility by a business is the payment of

COMMERCE
JAMB 2023

A demonstration of social responsibility by a business is the payment of

  • A. interests on loans
  • B. taxes to government
  • C. dividends to shareholders
  • D. premium on insurance

Correct Answer: B. taxes to government

Explanation

It is the responsibility of a business to pay tax as at and when due. Also, complying with the rules and regulations.



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