Given the Categorical Proposition "No Corporations Are Real Persons

question 20

Multiple Choice

Given the categorical proposition "No corporations are real persons." If the quantity but not the quality is changed, the resulting proposition is:

• A) No real persons are corporations.
• B) Some corporations are not real persons.
• C) All corporations are real persons.
• D) Some corporations are real persons.
• E) No corporations are not real persons.

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Definitions:

Fasb

The Financial Accounting Standards Board, an organization that establishes accounting and financial reporting standards for companies and nonprofits in the United States.

Standards-Setting Body

An organization or group responsible for developing and issuing standards, such as accounting or auditing standards.

Diluted Earnings Per Share

A metric that shows the quality of a company's earnings per share if all convertible securities were converted into new shares.

Potentially Dilutive Securities

Financial instruments that could decrease earnings per share if converted to common stock, such as convertible bonds, options, and warrants.