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Since a Corporation Is a Legal Structure Reserved for Large

question 125

True/False

Since a corporation is a legal structure reserved for large firms, small businesses have two basic choices for legal structure of their company: proprietorship and partnership.


Definitions:

IQ

A measure of a person's intelligence as indicated by an intelligence test, relative to the average performance of others in the same age group.

Culturally Fair

Describing tests, tasks, or procedures that are designed to be unbiased and equitable across different cultures or demographic groups.

Reliable

Consistency in measurement over time; the degree to which an assessment tool produces stable and consistent results.

IQ Scores

Numerical measures of an individual's intelligence level, typically based on standardized tests.

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