Which of the Following Statements Is Most Correct

question 3

Multiple Choice

Which of the following statements is most correct?

• A)An advantage to incorporation is that it allows for less regulation of the business.
• B)An advantage of a corporation is that it is subject to double taxation.
• C)Unlike a partnership,a disadvantage of a corporation is that it has limited liability.
• D)Corporations face more regulations when compared to partnerships.

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Definitions:

Industrial

Related to the production and manufacturing of goods in an organized and systematic manner for economic purposes.

Reward Power

The capacity to influence others by controlling the allocation of rewards valued by them, effectively motivating or encouraging specific behaviors.

Negative Sanctions

Punishments or penalties imposed to correct or deter undesirable behavior in an organization.

Allocation

The process of distributing resources or tasks among people or groups based on a plan or system.