An Excise Tax I.is Levied on the Value of Property

An excise tax
I.is levied on the value of property.
II.is levied on the quantity of the product or service.
III.differs from an sale tax, because a sales tax is imposed on the value of property.
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A) Only statement I is correct.
B) Only statement II is correct.
C) Statements I and II are correct.
D) Statements II and III are correct.
E) Statements I, II, and III are correct.