Jeremy Is Thinking of Starting Up a Small Business Selling

question 27

Multiple Choice

Jeremy is thinking of starting up a small business selling NASCAR memorabilia.He is considering setting up his business as a corporation.What is one advantage to Jeremy of setting up his business as a corporation?

• A)By setting up the business as a corporation, Jeremy would not face double taxation.
• B)By setting up the business as a corporation, Jeremy would have the ability to share risk with shareholders.
• C)By setting up the business as a corporation, Jeremy would have both ownership and control over the business.
• D)All of the above would be advantages of setting up his business as a corporation.

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Definitions:

Reinforcers

Reinforcers are stimuli that increase the probability of repetition of the behavior they follow.

Desired Response

The specific behavior or outcome that an individual or entity aims to elicit through a particular action or stimulus.

Immediately After

Occurring directly following a particular event or time.

Negatively Reinforced

Refers to the process of increasing a behavior by removing or avoiding a negative outcome or stimulus.