Which of the Following Statements Is CORRECT

question 28

Multiple Choice

Which of the following statements is CORRECT?

• A) It is generally more expensive to form a proprietorship than a corporation because, with a proprietorship, extensive legal documents are required.
• B) Corporations face fewer regulations than sole proprietorships.
• C) One disadvantage of operating a business as a sole proprietorship is that the firm is subject to double taxation, at both the firm level and the owner level.
• D) One advantage of forming a corporation is that equity investors are usually exposed to less liability than in a regular partnership.
• E) If a regular partnership goes bankrupt, each partner is exposed to liabilities only up to the amount of his or her investment in the business.

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Definitions:

Prejudice

A strongly held option about some topic or group of people.

Cultural Backgrounds

are the socio-economic, ethnic, and cultural environments and experiences that shape an individual’s personality, beliefs, values, and behaviors.

Transcultural Nursing

A nursing approach that focuses on understanding and integrating different cultural factors into the care of patients to provide culturally competent care.

Madeleine Leininger's Model

A nursing theory, also known as the Theory of Cultural Care Diversity and Universality, that emphasizes the importance of cultural knowledge in providing effective nursing care.