Which of the Following Is True About Shareholders

question 37

Multiple Choice

Which of the following is true about shareholders?

• A)If a company that is unable to pay its debts seeks protection from creditors in a bankruptcy court,its shareholders lose the value of their stock.
• B)In a closely held corporation,the body of shareholders tends to be large.
• C)Shareholders' personal assets such as their own homes or bank accounts are reachable to creditors.
• D)Shareholders of a corporation enjoy unlimited liability.
• E)Shareholders should be human beings and not corporate entities,such as partnerships or corporations.

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Definitions:

ANOVA

ANOVA, or Analysis of Variance, is a statistical method used to test differences between two or more means by analyzing variation within and between groups.

Means

Refers to the arithmetic average of a set of numbers, calculated as the sum of the numbers divided by the count of those numbers.

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect exists among the tested groups or variables.

Chi-Square Test

A statistical test used to determine if there is a significant difference between observed frequencies and expected frequencies in categorized datasets.