A Business Corporation Is Not an

question 12

Multiple Choice

A business corporation is not an

• A) entity created by law.
• B) organization that can exist perpetually.
• C) organization with certain rights and powers granted by statute.
• D) entity that is disregarded for income tax purposes.

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Definitions:

Economic Development

involves the process of improving the economic, political, and social well-being of a community or country, through strategies that may include industrialization, technology advancement, and improvements in living standards.

Lack Of Education

Refers to a situation where an individual does not attain a certain level of education or training.

Lower-Income Nations

Countries characterized by low levels of income per capital, limited industrialization, and relatively low standards of living and education.

Gender Inequality Index

A measure used to assess the disparities in achievements between women and men in three dimensions: reproductive health, empowerment, and the labor market.