Which of the Following Is NOT One of the Criteria

question 2

Multiple Choice

Which of the following is NOT one of the criteria used to decide corporation treatment?

• A) Unlimited liability
• B) Continuity of life
• C) Centralization of management
• D) Free transferability of interests

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Definitions:

Greenfield Operation

The process of building a new business or facility from scratch in an area where no previous facilities exist, often in a foreign market.

Subsidiary Company

A company that is controlled by another company, known as the parent company or holding company.

Turnkey Operation

A business arrangement where a project or business is delivered in a complete and operational state.

Oil Refinery

An industrial process plant where crude oil is processed and refined into more useful petroleum products, such as gasoline, diesel fuel, and heating oils.