Which of the Following About Corporations Is True

question 268

Multiple Choice

Which of the following about corporations is true?

• A) The cost of capital and labor is high relative to that paid by a proprietorship.
• B) Profits are taxed only once as the owners' income.
• C) The owners' entire wealth is at risk.
• D) Corporations' profits are taxed independently of their owners' incomes.

---

Definitions:

Unofficial Anthem

A song that, while not officially designated by a government, is widely recognized and serves as a symbol or emotional anthem for a country, group, or movement.

Nina Simone

An influential American singer, songwriter, and civil rights activist known for her distinctive voice and blending of musical styles including jazz, blues, and classical.

Black-power Movement

A political and social movement of the 1960s and 1970s that emphasized racial pride, economic empowerment, and the creation of political and cultural institutions for African Americans.

Oxygen Consumption

A measure of how much oxygen the body uses during a specific period, often indicative of metabolic rate and exercise intensity.