Progressive taxes are based on the idea that people with higher incomes should pay more in taxes than those with lower incomes. In general, the more money you make, the higher percentage of your income you will pay in taxes. So, if Nikki is buying a new house and new furniture, she will likely pay a higher percentage of her income in taxes on those purchases than someone with a lower income.
Rianna can file a lawsuit against the corporation if it refuses to reimburse her for her expenses.
Option: (C)
<u>Explanation:
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For the loss that has been suffered due to the negligence and actions of the corporation, Rianna can legally attempt to sell the property of the corporation as an officer, but the action of selling has to be initiated with the consent of other officers of the corporation.
The shareholders in the corporation can also demand to sell out the property owned by the corporation in order to pay them for their loss.
