Which of the Following Statements Is TRUE

question 13

Multiple Choice

Which of the following statements is TRUE?

• A) Corporations have the same legal characteristics as sole proprietorships and corporations.
• B) The taxation of corporations and partnerships is the same.
• C) Just like partners and sole proprietors, shareholders are entitled to participate in management of the business.
• D) The process for bringing a corporation into existence in Canada is essentially the same as for bringing a sole proprietorship or partnership into existence.
• E) Corporations may be subject to the same licencing requirements as sole proprietorships and partnerships.

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Definitions:

Evaluation Phase

A stage in a process where the outcomes are analyzed to assess effectiveness, efficiency, and impacts.

Case Management

A joint process that evaluates, organizes, executes, oversees, and reviews the necessary options and services to fulfill a person's health and social service requirements.

Brokering

The act of mediating or negotiating between different parties to facilitate an agreement, transaction, or provision of services.

Linking

Linking in social work refers to the process of connecting clients with resources, services, or networks that can assist them in meeting their needs.