Question $1$

Double taxation refers to:

dividends being paid after corporate taxes are paid, and thus being taxed twice at the corporate level

interest being paid after corporate taxes are paid, and thus being taxed twice at the corporate level

none of the alternative responses are correct

interest being paid after corporate taxes are paid, and thus being taxed once at the corporate level and again at the personal level when an investor receives the interest

dividends being paid after corporate taxes are paid, and thus being taxed once at the corporate level and again at the personal level when an investor receives the dividend