A True Statement About a Corporation Is That

question 75

Multiple Choice

A true statement about a corporation is that:

• A)it has to be discontinued once there is a change in ownership.
• B)it is difficult to manage.
• C)it must be formed in compliance with corporate law.
• D)it can be incorporated only where the principal place of business is located.
• E)it cannot have just one owner.

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Definitions:

Measures of Dispersion

Mathematical computations that represent the diversity or range within a collection of numerical values.

Range

The difference between the maximum value and minimum value in a data set.

Central Tendency

Statistics referring to the middle or typical value within a dataset, represented by measures such as mean, median, and mode.

Mean

The arithmetic average of a set of numbers, calculated by adding all the numbers together and dividing by the count of those numbers.