Which of the Following Characteristics Distinguish a Corporation from Other

question 95

Multiple Choice

Which of the following characteristics distinguish a corporation from other forms of businesses?
I.Centralization of management
II.Continuity of life
III.Free transferability of ownership interests
IV.Limited liability
V.Profit motive
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• A)All are distinguishing characteristics.
• B)Statements I, II, III and IV are correct.
• C)Only statement III is correct.
• D)Statements IV and V are correct.
• E)Statements I, II, IV, and V are correct.

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Definitions:

Racist

An individual who believes in the superiority of one race over others and may discriminate or express prejudice based on racial characteristics.

Milgram's Experiment Variation

Milgram's Experiment Variation refers to any of the numerous adaptations or modifications of the original 1960s experiment by Stanley Milgram that studied obedience to authority by instructing participants to administer electric shocks to another person.

Confederate

An individual or entity that is part of a coalition or group aimed at achieving a common goal.

Shocks

Sudden and often violent disturbances or fluctuations in a physical system, economy, or within a psychological context.