which of the following statements best describes the nature of a piece of common clothing the taxpayer can wear for everyday use? a.clothing is both personalty and realty. b.clothing is personalty that is for personal use. c.clothing is realty for personal use. d.clothing is personalty that is for business use. e.clothing is realty for business use.

Respuesta :

The statement which best describes the nature of a piece of common clothing the taxpayer can wear for everyday use is that clothing is personality that is for personal use, hence, option B would the right answer.

The term taxpayer is generally used to refer to an individual or business entity who are committed and expected to pay taxes to the central and state government. The funds collected in the form of taxes is utilized in the public affairs and implementation of several policies, pension schemes and compensatory aid in times of disasters. It is very important for the taxpayers to lead a life of dignity and clean image without any fraud or malpractice. It is not only beneficial for them, but it inclusively brings good to society.

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