From a Financial Liability Perspective,which of the Following Is the Most

question 4

Multiple Choice

From a financial liability perspective,which of the following is the most likely reason for a corporation to be viewed as the most risk-aversive form of business entity?

• A) It forms a distinct legal entity, liable for its own obligations.
• B) Any entity that deals with a corporation may demand personal guarantees.
• C) It shields directors from negligent acts of management.
• D) It provides limited liability to the corporation's directors.

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Definitions:

Latent Discrimination

Subtle or covert discrimination that may not be immediately apparent or is hidden within societal or institutional structures.

Hiring Quotas

Policies that require a certain percentage of job positions to be reserved for members of specific groups, often to correct historical discrimination.

Anglicise

To make or become English in form or character, often referring to language adaptation or cultural assimilation.

Preconceived Ideas

Beliefs, opinions, or notions formed in advance of having the evidence for their truth or usefulness, often leading to biases or misunderstandings.