Which of the Following Statements Is Correct

question 97

Multiple Choice

Which of the following statements is correct?

• A)A hostile takeover is the primary method of transferring ownership interest in a corporation.
• B)The corporation is a legal entity created by the state and is a direct extension of the legal status of its owners and managers, that is, the owners and managers are the corporation.
• C)Unlimited liability and limited life are two key advantages of the corporate form over other forms of business organization.
• D)In part due to limited liability and ease of ownership transfer, corporations have less trouble raising money in financial markets than other organizational forms.
• E)Although stockholders of the corporation are insulated by limited legal liability, the legal status of the corporation does not protect the firm's managers in the same way.

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Definitions:

Classical Conditioning

Gaining understanding through linking an environmental stimulus with a stimulus that occurs inherently.

Conditioned Stimulus

A previously neutral stimulus that, after being paired with an unconditioned stimulus, eventually triggers a conditioned response.

Classical Conditioning

A conditioning technique where two stimuli are repeatedly connected; the reaction, at first prompted by the second stimulus, ultimately becomes prompted by only the first stimulus.

Unconditioned Stimulus (US)

A stimulus that naturally triggers a response without the need for prior learning.