Which of the Following Is a Difference Between a Corporation

question 179

Multiple Choice

Which of the following is a difference between a corporation and a sole proprietorship?

• A) The owner of a corporation has unlimited liability, while the owner of a sole proprietorship has limited liability.
• B) The owner of a corporation faces difficulty in raising startup money, while the owner of a sole proprietorship does not.
• C) A corporation makes zero economic profit in the long run, while a sole proprietorship makes positive economic profits in the long run.
• D) Corporate income is taxed twice, while income from a sole proprietorship is taxed only once.
• E) A corporation faces vulnerability in the case of the death of an owner, while a sole proprietorship does not.

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Definitions:

Transference

In psychotherapy, the process by which patients project feelings about important people in their lives onto the therapist.

Systematic Desensitization

A therapeutic method aimed at assisting individuals in overcoming fears and anxiety disorders by progressively exposing them to the object or situation they fear in a regulated way.

Eclectic Approach

A therapeutic approach that incorporates a variety of therapeutic principles and philosophies to create the ideal treatment program to meet the specific needs of the patient.

Meta-Analysis

A statistical procedure for analyzing the results of multiple studies to reach an overall conclusion.