When Alyssa Decides That She No Longer Wants Her Radio

question 179

Multiple Choice

When Alyssa decides that she no longer wants her Radio Shack stock, she will discover that a related benefit of a corporation is

• A) the ease of transfer of ownership.
• B) its perpetual life.
• C) limited liability.
• D) specialized management.
• E) avoiding double taxation.

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Definitions:

Profession

A disciplined group of individuals who adhere to ethical standards and possess specialized knowledge and skills in a significant field of human endeavor.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Emergency Room

A specialized department in a hospital that provides immediate treatment for acute illnesses and injuries.

Allopathic Medicine

A system of medical practice that aims to combat disease by using remedies such as drugs or surgery, which produce effects different from those caused by the disease under treatment.