Which of the Following Is the MOST Compelling Argument for Incorporating

question 17

Multiple Choice

Which of the following is the MOST compelling argument for incorporating a business?

• A)to hire more employees
• B)to avoid paying federal taxes
• C)to protect the owners' personal assets
• D)to complete minimal legal requirements

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Definitions:

Reward Power

A type of marketing channel power that occurs when the channel member exerting the power offers rewards to gain power, often a monetary incentive, for getting another channel member to do what it wants it to do.

Advanced Shipping Notice

A document provided by a supplier to a customer that details the contents and details of a shipment before it arrives.

Retailers

Businesses or individuals that purchase goods from manufacturers or wholesalers and sell them directly to consumers.

Consumers

End users who purchase goods or services for personal use, driving demand in the economy and influencing market trends and developments.