Which of the Following Statements Is CORRECT

question 18

Multiple Choice

Which of the following statements is CORRECT?

• A) Corporations generally face fewer regulations than sole proprietorships.
• B) Corporate shareholders are exposed to unlimited liability.
• C) It is usually easier to transfer ownership in a corporation than in a partnership.
• D) Corporate shareholders are exposed to unlimited liability, but this factor is offset by the tax advantages of incorporation.
• E) There is a tax disadvantage to incorporation, and there is no way any corporation can escape this disadvantage, even if it is small.

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Definitions:

Experience-Expectant Brain

A concept in neuroscience suggesting that the brain expects and requires certain experiences during development to ensure normal wiring and structure.

Enriching Experiences

Activities or situations that provide significant learning, enjoyment, or personal growth opportunities.

Distinguish Among Colors

The ability to perceive and identify differences in colors by the visual system.

Reflexive Behavior

Automatic responses or actions triggered without conscious thought, typically as a physiological reaction to stimuli.