What Is True About a Corporation

question 43

Multiple Choice

What is true about a Corporation?

• A) It is chartered by the state in which it is headquartered
• B) It dissolves when ownership changes
• C) Income and expenses are filed with the owner's personal income tax return
• D) In the eyes of the law, a corporation and owner are the same

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Definitions:

Microdrip Tubing

Specialized tubing used in medical settings that allows for very small and precise volumes of fluid to be administered intravenously.

NS

An abbreviation commonly used for Normal Saline, a sterile solution of sodium chloride (salt) in water, used for a variety of medical purposes.

LRS

Lactated Ringer's Solution, an isotonic fluid commonly used for intravenous hydration and electrolyte replenishment.

NaCl

Sodium chloride, commonly known as table salt, but in medical settings, it refers to a saline solution used for IV fluids.