Which of the Following Statements Is CORRECT

question 18

Multiple Choice

Which of the following statements is CORRECT?

• A) It is generally more expensive to form a proprietorship than a corporation because, with a proprietorship, extensive legal
• Documents are required.
• B) Corporations face fewer regulations than sole proprietorships.
• C) One disadvantage of operating a business as a sole proprietorship is that the firm is subject to double taxation, at both the firm
• Level and the owner level.
• D) One advantage of forming a corporation is that equity investors are
• Usually exposed to less liability than in a regular partnership.
• E) If a regular partnership goes bankrupt, each partner is exposed to liabilities only up to the amount of his or her investment in the business.

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Definitions:

Aida Model

A marketing model that outlines the four stages a consumer goes through before making a purchase: Awareness, Interest, Desire, Action.

Integrated Marketing Communications

A strategic approach that combines multiple marketing tools and channels to present a consistent message to the target audience, maximizing impact.

Level Of Interest

The degree of curiosity, attention, or enthusiasm that a person or market shows towards a product, service, or subject.

Communication Channels

The mediums through which information is transmitted from a sender to a receiver, including digital, print, and verbal forms.