Question

Generally, the cash method may be adopted by a partnership that has one or more C corporation partner.

a)true b)false

Answer 1

The statement is true; the colonists were willing to pay taxes but demanded representation in Parliament to have a say in how taxes were used.

Step-by-step explanation:

The statement that colonists did not necessarily object to the principle of taxation itself, but to the way the tax money would be applied is indeed true. During the period leading up to the American Revolution, colonists were particularly concerned with the idea of 'taxation without representation'. They were willing to pay taxes but believed that they should have a say in how their taxes were used and should be represented in the Parliament, which was passing laws and taxes affecting them without their input.