Which of the Following Is True

question 14

Multiple Choice

Which of the following is true?

• A) Under the partnership form of business organization, the owners are not personally liable for the debts of the business.
• B) When employees are paid by the hour, their incentive to shirk is removed.
• C) The limited liability of stockholders under the corporate business structure makes it easier to raise equity capital.
• D) Under the corporate form of business organization, the owners of the firm are personally liable for its debts.

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Definitions:

Parametric Tests

Tests that make assumptions about the parameters of the population distribution from which the sample is drawn.

Population Locations

The geographical sites or areas where members of a specific population can be found.

Independent Samples

Independent samples refer to two or more groups of observations that are collected from separate populations and are not dependent on each other.

Wilcoxon Rank-Sum Test

A nonparametric statistical test used to compare two independent samples to determine if they come from the same distribution.