American Business Machines Is Organized as a Corporation

question 86

Multiple Choice

American Business Machines is organized as a corporation.Its income will be taxed at the corporate level and also on shareholder returns as dividends.What is this situation known as?

• A) dual costs
• B) double taxation
• C) regulatory costs
• D) double ownership
• E) financial balancing

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Definitions:

Group Norm

Shared standards, rules, or expectations that influence behavior within a group of people.

Object of Judgement

The entity or individual that is being evaluated or assessed in a particular situation.

Autokinetic Experiment

A psychological experiment where a stationary point of light in a dark room appears to move because of small eye movements, illustrating the effect of suggestion or social influence on beliefs.

Frame of Reference

A system of values or beliefs against which judgments are made or a context through which a situation can be viewed.