Which of the Following Statements Is CORRECT

question 13

Multiple Choice

Which of the following statements is CORRECT?

• A) Due to limited liability,unlimited lives,and ease of ownership transfer,the vast majority of U.S.businesses (in terms of number of businesses)are organized as corporations.
• B) Most businesses (by number and total dollar sales)are organized as proprietorships or partnerships because it is easier to set up and operate one of these forms rather than as a corporation.However,if the business gets very large,it becomes advantageous to convert to a corporation,primarily because corporations have important tax advantages over proprietorships and partnerships.
• C) Due to legal considerations related to ownership transfers and limited liability,which affect the ability to attract capital,most business (measured by dollar sales)is conducted by corporations in spite of large corporations' less favorable tax treatment.
• D) Large corporations are taxed more favorably than proprietorships.
• E) Corporate stockholders are exposed to unlimited liability.

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Definitions:

Asystole

A state of no cardiac electrical activity, leading to a lack of contraction of the heart and cessation of blood flow; essentially, cardiac arrest.

Pacemaker

An electronic device that is implanted in the body to regulate the heartbeat by delivering electrical impulses to the heart muscle.

AV Node

The Atrioventricular Node, a part of the cardiac conduction system that delays the transmission of electrical impulses from the atria to the ventricles.

Action Potentials

Quick changes in the electrical charge of a neuron's membrane, allowing the transmission of nerve impulses.