Question

Failure to file will result in a ______ dollar penalty per violation.

a) $50
b) $100
c) $200
d) $500

Answer 1

The failure to file will result in a $500 dollar penalty per violation in Business

Step-by-step explanation:

The subject of this question is Business. This question pertains to the topic of penalties for failing to file certain documents. The student is asking about the specific dollar amount penalty per violation.

The correct answer is d) $500. Failing to file will result in a $500 dollar penalty per violation. This penalty can add up quickly if there are multiple violations.

For example, if someone fails to file three documents that require a penalty, they would be charged $1500 in total ($500 x 3). Therefore, it is essential to file all necessary documents to avoid facing costly penalties.