In Comparison with a Partnership,which of the Following Is NOT

question 8

Multiple Choice

In comparison with a partnership,which of the following is NOT considered to be an advantage of the corporate form of business?

• A)limited liability
• B)continuous existence
• C)duty of good faith
• D)transfer of ownership
• E)professional management

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Definitions:

Newborn

An infant that is in its first few hours to weeks of life outside the uterus, requiring specific care and medical attention.

Growth and Development

The process by which living organisms increase in size and undergo changes in their structure, capabilities, and function.

Neonate

An infant during the first 4 weeks of life.

Diabetes

A chronic condition characterized by high levels of sugar in the blood, usually due to insulin resistance, deficiency, or both.