Which of the Following Is an Advantage of the Corporate

question 114

Multiple Choice

Which of the following is an advantage of the corporate form of organisation?

• A) Ownership of stock is easy to transfer.
• B) Forming a corporation is a complex and costly process.
• C) The corporation and its stockholders pay taxes on profits.
• D) A corporation must submit detailed information to government agencies.
• E) It is difficult to keep operations confidential because of required reports.

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Definitions:

Not in the Labor Force

Individuals who are neither employed nor actively looking for work, excluding them from the labor force statistics.

Labor-force Participation Rate

The proportion of the working-age population that is either employed or actively looking for work.

Labor Force

The total number of people aged 16 and over who are either employed or actively seeking employment.

Employed Category

A classification used in labor statistics to describe individuals who are currently employed and working.