Which of the Following Statements Is CORRECT

question 22

Multiple Choice

Which of the following statements is CORRECT?

• A) One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability.
• B) It is generally easier to transfer one's ownership interest in a partnership than in a corporation.
• C) One of the advantages of the corporate form of organization is that it avoids double taxation.
• D) One of the advantages of a corporation from a social standpoint is that every stockholder has equal voting rights, i.e., "one person, one vote."
• E) Corporations of all types are subject to the corporate income tax.

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Definitions:

Skill Marketing

The strategic promotion and selling of one's abilities and competencies to potential employers or clients.

John Holland's Theory

A theory of career and vocational choice that matches individuals' personalities with compatible environments to predict job satisfaction and career success.

Occupational Choice

Refers to the process by which individuals select a career path, profession, or type of job based on various factors like interest, skills, and values.

Realistic Occupation

Jobs or careers that focus on practical, hands-on activities and require physical skills, often related to construction, maintenance, or agriculture.