A Disadvantage of Corporations Is That an Owner Must Get

question 311

True/False

A disadvantage of corporations is that an owner must get the approval of all other owners before selling his or her interest in the firm to another investor.

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Definitions:

Compulsions

Repetitive behaviors or mental acts that an individual feels driven to perform in response to an obsession or according to rigid rules.

Schizophrenia

A grave psychiatric syndrome with pronounced disruptions in cognitive processing, emotional regulation, personal identity, verbal communication, perceptual experiences, and conduct.

Split Personality

A term formerly used to describe a condition in which an individual displays multiple distinct identities or personalities, now more accurately referred to as Dissociative Identity Disorder.

Evgen Bleuler

A Swiss psychiatrist best known for renaming dementia praecox to “schizophrenia,” and for his contributions to the understanding of mental illness.