Which of the Following Statements About Companies Is Not Correct

question 22

Multiple Choice

Which of the following statements about companies is not correct?

• A)A company is a separate legal entity from its owners.
• B)A company can own property.
• C)When a limited liability company is unable to pay its debts, the owners must pay them.
• D)A company is established by registration.

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Definitions:

Hypothesis Test Method

A procedure in statistics to determine whether there is enough evidence in a sample of data to conclude that a certain condition holds for the entire population.

Confidence Interval Method

A statistical technique that constructs an interval estimate of a population parameter based on sample data.

Populations

The entire collection of individuals, items, or data under study in a statistical analysis.

Sample Standard Deviations

A measure of the dispersion or variability of data points in a sample from their mean.