Which of the Following Is a Positive Feature of Carrying

question 52

Multiple Choice

Which of the following is a positive feature of carrying on business as a corporation?

• A) complete shielding from negligent or wrongful acts of partners
• B) the availability of differing degrees of ownership and sharing of profits
• C) the ease and low cost of creating a corporation compared to other business forms
• D) partial shielding from contractual obligations

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Definitions:

Human Development Index

A composite statistic of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development.

Carrying Capacity

The largest number of individuals of a species that can be supported indefinitely by an environment, considering the availability of essential resources such as food, living space, water, and other requirements.

Unlimited Economic Growth

The concept that an economy can grow indefinitely without encountering significant environmental or resource limitations.

Economists

Professionals who study the production, distribution, and consumption of goods and services, focusing on how economies work and how economic policies affect societal well-being.