Which of the Following Statements Is CORRECT

question 4

Multiple Choice

Which of the following statements is CORRECT?

• A) One of the advantages of the corporate form of organization is that it avoids double taxation.
• B) It is easier to transfer one's ownership interest in a partnership than in a corporation.
• C) One of the disadvantages of a proprietorship is that the proprietor is exposed to unlimited liability.
• 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:

Alleles

Different forms of a gene that arise by mutation and are found at the same place on a chromosome.

Cross Over

The exchange of genetic material between homologous chromosomes during meiosis, leading to new genetic combinations.

Genetic Disorder

A disease or condition caused by an abnormality in an individual's DNA, which can be inherited from parents or arise from mutations in the genes.

Chromosome Deletion

A genetic mutation involving the loss of a segment of a chromosome, which can result in developmental issues or diseases.