The Supreme Court has held that states may:

a. never tax the income of businesses
b. tax the income of businesses so long as they are "constitutionally rational"
c. tax all income of businesses only if the business is headquartered in the state
d. tax the income of businesses so long as the burden of the state tax is apportioned fairly
e. tax the income of businesses that do more that $5 million (net) worth of business in-state

d

Business

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The philosophers of the Command School of jurisprudence will assert that the law is ________

A) developed, communicated, and enforced by the ruling party B) a means to achieve and advance sociological goals C) a collection of a society's traditions and customs that has developed over the centuries D) based on human reasoning, and humans' choosing power between what is good and evil

Business

In addition to the Dow Jones Industrial Average, the Standard & Poors 500 and NASDAQ indexes are widely quoted measures of market performance

Indicate whether the statement is true or false.

Business