Choose whether the given statement is True/False:

Though businessmen do not have to pay anyone, they work under the government as they need to pay taxes.

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True

False

answer is B.

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Detailed Solution

The above statement is False.
Many people run businesses in the city's many markets. These stores might be tiny or big, and they offer a variety of goods. Most business owners run their stores or companies. They do not work for anyone. However, they do employ a lot of additional people as managers and assistants. These are permanent stores for which the local corporation has issued a business permit. Additionally, the municipal corporation determines which day of the week the market must be closed. Therefore, even while the government influences the market through a municipal corporation or by offering a variety of services, such as banking, businesspeople do not report to the government. In actuality, everyone pays taxes regardless of their employer.
The correct statement is that Though businessmen do not have to pay anyone, they do not work under the government as they need to pay taxes.

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