Which of the Following Would Be an Example of a Corporation

question 42

Multiple Choice

Which of the following would be an example of a corporation?

• A)Sparkles is a business firm owned by a single person who takes up complete liability for the business.
• B)The owners of Octave Inc. are not personally responsible for the debts and obligations of the firm.
• C)The profits earned by Luxe Clothing are legally considered as the income of the firm's owners.
• D)The dissolution of Nutrimax Pizzas results in its owners having to repay the debts of the firm.

Analyze the pragmatic theory of truth and its application to the choice between scientific theories.

Appreciate the role of interpretation in defining facts within the philosophy of science.

Understand the nature of necessary truths and distinguish between a priori and a posteriori knowledge.

Explore the debate over the truth or falsity of empirical statements.

---

Definitions:

Book Value

The value of a company's assets minus its liabilities, as recorded on the balance sheet.