Which of the Following Statements Is CORRECT

question 22

Multiple Choice

Which of the following statements is CORRECT?

• A) One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability.
• B) It is generally easier to transfer one's ownership interest in a partnership than in a corporation.
• C) One of the advantages of the corporate form of organization is that it avoids double taxation.
• D) One of the advantages of a corporation from a social standpoint is that every stockholder has equal voting rights, i.e., "one person, one vote."
• E) Corporations of all types are subject to the corporate income tax.

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Definitions:

Vacancy Model

A framework for analyzing the number of vacant positions within an organization and the strategies for filling them.

Internal Hiring

The practice of filling job vacancies with current employees rather than bringing in external candidates.

Annual Losses

The total amount of money lost by a company within a fiscal year, encompassing all expenditures that exceeded revenues.

Mass Customization

Mass Customization is a business strategy that combines the efficiency of mass production with the personalization of custom-made products, catering to individual customer preferences at scale.