Which of the Following Statements About the Company Form of Business

question 9

Multiple Choice

Which of the following statements about the company form of business organisation is incorrect?

• A) The company is the easiest form of business organisation to establish.
• B) In South Africa, companies generate a significantly greater percentage of total annual sales than either partnerships or proprietorships.
• C) Companies generally are larger than either partnerships or proprietorships.
• D) One of the most important features of the company form of business organisation is that shareholders have limited liability.
• E) None of the above.

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Definitions:

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Data or details that are correct, reliable, and free from errors, reflecting the true state of affairs.

Independently Verified

Describes information, data, or claims that have been confirmed for accuracy or validity by a third-party source without conflicts of interest.

Fact Checking

The process of verifying the accuracy and truthfulness of information, statements, or claims.

Credible

Being believable or trustworthy, often used to describe reliable sources or information.