Which of the Following Statements Is CORRECT

question 22

Multiple Choice

Which of the following statements is CORRECT?

• A) One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability.
• B) It is generally easier to transfer one's ownership interest in a partnership than in a corporation.
• C) One of the advantages of the corporate form of organization is that it avoids double taxation.
• D) One of the advantages of a corporation from a social standpoint is that every stockholder has equal voting rights, i.e., "one person, one vote."
• E) Corporations of all types are subject to the corporate income tax.

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Definitions:

Setting And Timing

Factors related to the environment and schedule in which an event or activity takes place, affecting its outcome.

Symptoms

Physical or mental features that are regarded as indicating a condition or disease, often noticed by an individual but not observable by others.

Associated Symptoms

Symptoms that often occur together or in conjunction with a specific disease or condition, indicating its presence or the possibility of a related health issue.

SOAP

A protocol used in computing for the exchange of structured information in web services.