Which of the Following Is a Key Difference Between a Corporation

question 21

Multiple Choice

Which of the following is a key difference between a corporation and a sole proprietorship?

• A) Establishing a corporation is easier compared to establishing a proprietorship.
• B) Unlike a corporation, a proprietorship is subject to double taxation.
• C) Regulatory requirements are less severe for corporations than sole proprietorships.
• D) Unlike a sole proprietorship, a corporation is subject to limited liability.
• E) Establishing a sole proprietorship has complex legal requirements unlike a corporation.

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Definitions:

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Individuals who continue to live after being diagnosed with cancer, regardless of their current treatment status or stage of cancer.

Follow-Up Care

Ongoing health care provided to a patient after initial treatment, aimed at monitoring recovery, identifying recurrence of illness, or managing chronic conditions.

Low Blood Pressure

A condition where blood pressure falls below the normal range, potentially causing symptoms like dizziness, fainting, or in extreme cases, shock.

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A heart condition characterized by the narrowing or blockage of the coronary arteries, usually due to atherosclerosis, leading to reduced blood flow to the heart.