Which of the Following Is True of a Corporation

question 6

Multiple Choice

Which of the following is true of a corporation?

• A) It is an artificial being, existing only in contemplation of law.
• B) Directors of a corporation as a group do not represent the corporation as agents.
• C) Stockholders perform all the administrative functions of the corporation.
• D) Stockholders directly control the day to day activities of a corporation.

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Definitions:

Double-blind Experiment

A double-blind experiment is a research design in which both the participants and the experimenters are unaware of who is receiving the treatment or control, to prevent bias.

Statistically Significant

A determination that an observed effect is unlikely to have occurred by chance, based on a predetermined significance level.

Dependent Variable

The variable that is the subject’s response to, and dependent on, the level of the manipulated independent variable.

Internal Validity

The extent to which a study accurately demonstrates a cause-effect relationship by controlling for extraneous variables and bias.