Which of the Following Statements Is CORRECT

question 2

Multiple Choice

Which of the following statements is CORRECT?

• A) It is usually easier to transfer ownership in a corporation than it is to transfer ownership in a sole proprietorship.
• B) Corporate shareholders are exposed to unlimited liability.
• C) Corporations generally face fewer regulations than sole proprietorships.
• D) Corporate shareholders are exposed to unlimited liability, and this factor may be compounded by the tax disadvantages of incorporation.
• E) Shareholders in a regular corporation (not an S corporation) pay higher taxes than owners of an otherwise identical proprietorship.

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Definitions:

Shape

The external form, contours, or outline of someone or something.

Environmental Enrichment

Enhancing an environment to improve cognitive, social, and physical outcomes for individuals, often used in contexts such as animal welfare and child development.

Cognitive Development

The process by which a person perceives, thinks, and gains an understanding of his or her world through the interaction and influence of genetic and learned factors.

Disadvantaged Children

Refers to children who face socio-economic, educational, or health disparities that affect their development, well-being, and opportunities.