Which of the Following Is Not Characteristic of a Corporation

question 49

Multiple Choice

Which of the following is not characteristic of a corporation?

• A) The financial loss that a stockholder may suffer from owning stock in a public company is limited.
• B) Cash dividends paid by a corporation are deductible as expenses by the corporation.
• C) A corporation can own property in its name.
• D) Corporations are required to file federal income tax returns.

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Definitions:

Qualitative Variable

A variable that represents types or categories rather than numerical values.

Multiple Regression

An analytical approach that employs a number of independent variables to determine the outcome of a target variable.

Education Status

A classification representing the highest level of education an individual has completed.

Stepwise Regression

A statistical method of building a regression model by successively adding or removing variables based solely on the t-statistics of their estimated coefficients.