Which of the Following Statements Is CORRECT

question 21

Multiple Choice

Which of the following statements is CORRECT?

• A) Corporations are at a disadvantage relative to partnerships because they have to file more reports to state and federal agencies, including the Securities and Exchange Administration, even if they are not publicly owned.
• B) In a regular partnership, liability for the firm's debts is limited to the amount a particular partner has invested in the business.
• C) A fast-growth company would be more likely to set up as a partnership for its business organization than would a slow-growth company.
• D) Partnerships have difficulty attracting capital in part because of their unlimited liability, the lack of impermanence of the organization, and difficulty in transferring ownership.
• E) A major disadvantage of a partnership relative to a corporation as a form of business organization is the high cost and practical difficulty of its formation.

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Definitions:

Adventitious Sounds

Abnormal sounds heard during respiration, such as wheezes or crackles, which can indicate respiratory conditions or diseases.

Musculoskeletal Assessment

A clinical evaluation aimed at examining the structure and function of the musculoskeletal system including bones, muscles, and joints.

Cervical Range of Motion

The degree of movement possible at the neck region, affecting head and neck flexibility.

Carotid Bruits

Abnormal sounds heard over the carotid arteries with a stethoscope, indicating turbulent blood flow, often due to atherosclerosis.