Question on: JAMB Commerce - 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
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Correct Option: B
Paying taxes to the government is a demonstration of social responsibility by a business. Taxes support public services and infrastructure that benefit society, and responsible businesses contribute to their communities by paying their fair share.
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