Which of the Following Statements About the Organization of Firms

question 19

Multiple Choice

Which of the following statements about the organization of firms is true?

• A) Owners of a corporation have unlimited liability.
• B) Corporations have limited access to money markets.
• C) Owners of a corporation are not personally liable for the firm's actions, though its directors may be.
• D) Partnerships are the most common form of business organization in Canada.
• E) Crown corporations are never interested in increasing profits because they have other goals.

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Definitions:

Cognitive-behavioral Therapy

A form of psychotherapy that aims to improve mental health by changing negative patterns of thought and behavior.

Posttraumatic Stress Disorder

A psychological disorder caused by exposure to or witnessing a horrifying incident, marked by recurring flashbacks, distressing dreams, and intense anxiety.

Systematic Desensitization

Systematic desensitization is a behavioral therapy technique used to reduce anxiety through gradual exposure to feared stimuli, paired with relaxation exercises.

Antianxiety Drugs

Medications used to treat symptoms of anxiety by affecting neurotransmitters in the brain to reduce nervousness, fear, and tension.