Industrial Estates Quiz
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Questions and Answers

An industrial estate is a tract of land that is developed according to a comprehensive plan and managed under unified continuous management.

True (A)

An industrial estate may or may not have pre-built standard factory buildings and community facilities.

True (A)

An industrial estate does not include provisions for basic infrastructure and utilities.

False (B)

In lieu of paying taxes, five percent (5%) of the gross income earned by all businesses and enterprises within the ECOZONE shall be remitted to the national government.

<p>True (A)</p> Signup and view all the answers

The percentage of gross income that businesses and enterprises within the ECOZONE are required to remit to the national government is 10%.

<p>False (B)</p> Signup and view all the answers

An industrial estate always includes pre-built standard factory buildings and community facilities.

<p>False (B)</p> Signup and view all the answers

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