Which One of the Following Is an Advantage of a Corporation

question 65

Multiple Choice

Which one of the following is an advantage of a corporation relative to a proprietorship or partnership?

• A)Owners have limited liability.
• B)Profits are taxed once.
• C)difficult to raise money
• D)no principal-agent problems
• E)simple management structure

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Definitions:

Melanin

A pigment found in most organisms, responsible for coloration of the skin, hair, and eyes, and protection against UV radiation.

Vitamin D

A fat-soluble vitamin essential for healthy bones and immune function, obtained from sunlight exposure, food, and supplements.

Lactose Intolerance

The inability to fully digest lactose, a sugar found in milk and dairy products, leading to digestive problems.

Adults Worldwide

The global population of individuals who have reached the age defined as adulthood by various social, legal, or cultural standards.