Which of the Following Statements Describes the Company Characteristic of Transferability

question 98

Multiple Choice

Which of the following statements describes the company characteristic of transferability of company ownership?

• A)The liabilities of the company cannot be extended to the personal assets of the shareholder.
• B)Shares can be readily bought and sold by investors on the open market.
• C)Companies pay income tax on company earnings, and shareholders pay personal income tax on company dividends and gains from sale of shares.
• D)Shareholders are not authorised to sign contracts or make business commitments on behalf of the company.

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Definitions:

Gender Inequality

A social condition marked by unequal treatment or perception of individuals based on their gender.

Cultures

Socially transmitted behaviors, arts, beliefs, institutions, and all other products of human work and thought.

Gender Differences

The distinctions in characteristics and behaviors typically associated with being male or female, often influenced by social, cultural, and biological factors.

Sexuality

A complex part of human behavior and identity related to sexual orientation, attraction, and activities.