Which of the Following Is not an Advantage of the Corporate

question 148

Multiple Choice

Which of the following is not an advantage of the corporate form of business organization?

• A)No personal liability
• B)Easy to transfer ownership
• C)Favorable tax treatment
• D)Easy to raise funds

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Definitions:

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, usually identified by a fall in GDP in two successive quarters.

Supply-Side

A macroeconomic theory arguing that economic growth is most effectively created by lowering taxes and decreasing regulation.

Economic Program

A set of coordinated policies and plans undertaken by a government or organization to achieve specific economic objectives.

New Deal

An array of initiatives, including public infrastructure projects, monetary policy changes, and regulatory measures, implemented by President Franklin D. Roosevelt in the 1930s in the United States to combat the effects of the Great Depression.