A Corporation

question 30

Multiple Choice

A corporation:

• A)Is a legal entity separate and distinct from its owners.
• B)Must have many owners.
• C)Has shareholders who have unlimited liability for the acts of the corporation.
• D)Is the same as a limited liability partnership.
• E)Does not have to pay taxes.

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Definitions:

Traits

Enduring characteristics or tendencies that influence behavior across various situations and over time.

Defense Mechanisms

Psychological strategies used unconsciously by individuals to protect themselves from anxiety and unacceptable thoughts or feelings.

Positive Reinforcement

A method in behavioral psychology that involves rewarding a behavior to increase the likelihood of its recurrence.

Group Therapy

A therapeutic strategy where a small group of individuals share their experiences and issues under the guidance of a therapist.