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:

Behaviorism Approaches

A theory of learning based on the idea that all behaviors are acquired through conditioning, without emphasizing thoughts or feelings.

Freudian Approaches

Psychological theories and treatments developed by Sigmund Freud, emphasizing unconscious processes and childhood experiences.

Distortion

The alteration of reality or perception in a way that leads to misconception or a skewed understanding.

Denial

A defense mechanism where an individual refuses to accept reality or facts, thereby avoiding facing uncomfortable truths.