Which of the Following Statements Is CORRECT

question 29

Multiple Choice

Which of the following statements is CORRECT?

• A) Corporations are taxed more favorably than sole proprietorships.
• B) Corporations have unlimited liability.
• C) Because of their size, large corporations face fewer regulations than smaller corporations and sole proprietorships.
• D) Reducing the threat of corporate takeover increases the likelihood that managers will act in shareholders' interests.
• E) Bond covenants are designed to protect bondholders and to reduce potential conflicts between stockholders and bondholders.

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Definitions:

Telephone Interview

A method of conducting an interview over the phone to collect information, typically for research or employment screening purposes.

Courteous

Showing consideration, respect, and politeness in one's behavior or speech towards others.

Screening

The process of evaluating or analyzing something to determine its suitability or to filter out unwanted or irrelevant elements.

Assistants

Individuals or tools that provide support and help in various tasks or activities.