Which of the Following Is Not a Characteristic of a Corporation

question 60

Multiple Choice

Which of the following is not a characteristic of a corporation?

• A) Corporations are organized as a separate legal taxable entity.
• B) Ownership is divided into shares of stock.
• C) Corporations experience an ease in obtaining large amounts of resources by issuing stock.
• D) A corporation's resources are limited to their individual stockholders' resources.

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Definitions:

American History

The historical events, figures, and periods that have shaped the United States from its founding to the present day.

Physical Conditions

The state of the physical environment or an individual's physical health and well-being.

Basically Good

The belief in the inherent goodness of people, suggesting that individuals are fundamentally inclined towards positive behavior.

Reactive Response

An action or behavior that is a direct reaction to a stimulus or situation, often without premeditated planning.