pf$1-$midterm$-$english

Question: $53-35$

Which of the following conditions must be met for employees who are engaged in selling or leasing automobiles to have the standby charge Component of their non$-$cash taxable benefit reduced?

The individual is employed principally to sell or lease automobiles

An automobile was made available to that individual or to someone related to that individual

The employer acquired at least one automobile during the year

All of the above

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