Which of the Following Is an Incorrect Statement Regarding Factors

question 78

Multiple Choice

Which of the following is an incorrect statement regarding factors influencing a business manager's choice of organizational form?

• A) Provided that the business manager chooses correctly, there is an ideal form of business venture.
• B) Each organizational form has its advantages.
• C) Each organizational form has its disadvantages.
• D) The entrepreneur, with the counsel of an attorney and an accountant or a tax expert, should carefully weigh the advantages and disadvantages of different organizational forms for the type of business the entrepreneur wishes to engage in.

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Definitions:

Economic Activity

The actions that involve the production, distribution, and consumption of goods and services within an economy.

Electoral College

A body of electors established by the United States Constitution, which is responsible for electing the president and vice president.

Voters

Individuals who are eligible and participate in elections to choose representatives or decide on public questions.