A Business Is Most Likely to Be Characterized as a Corporation

question 139

Multiple Choice

A business is most likely to be characterized as a corporation if:

• A) it has two or more owners, with each owner liable for every other owner's actions.
• B) it has only one owner.
• C) it is legally treated as a person and owned by stockholders who are liable for the actions of the corporate "person" regardless of their investment.
• D) each owner is liable only to the extent of his or her own investment.

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Definitions:

Sensory Deprivation

The intentional reduction or removal of stimuli from one or more of the senses, often used for relaxation, meditation, or in psychological experiments.

Presbycusis

Age-related hearing loss, gradually affecting the ability to perceive or understand sounds, especially in noisy environments.

High-Pitched Sounds

Sounds that have a high frequency, typically perceived as sharp or squeaky to the human ear.

Speech Impairment

Speech that deviates so much from the speech of others that it calls attention to itself, interferes with communication, or produces maladjustment in the speaker.