Which of the Following Set of Characteristics Describes a Corporation

question 92

Multiple Choice

Which of the following set of characteristics describes a corporation?

• A)Shared control, tax advantages, increased skills and resources
• B)Simple to set up and maintains control with founder
• C)Easier to transfer ownership and raise funds, no personal liability
• D)Harder to raise funds and gives owner control

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Definitions:

Accretionary Prism

A geological structure formed by the accumulation of sedimentary and oceanic plate material scraped off a subducting plate, typically found at convergent plate boundaries.

Metamorphosed Rocks

Rocks that have undergone a transformation in mineralogy, texture, or chemical composition due to exposure to high pressures and temperatures.

Rotating Fault Blocks

geological structures that move around a vertical axis due to tectonic forces, altering the Earth's crust.

Layers Rotate

Geological process in which layers or strata of rock are tilted or turned from their original horizontal or vertical positions.