Which of the Following Is a Disadvantage of Using a Company

question 44

Multiple Choice

Which of the following is a disadvantage of using a company as a business structure?

• A)The company can be sued.
• B)Perpetual succession.
• C)The establishment cost and ongoing fees.
• D)The rate of tax payable by the company on its profits.

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Definitions:

Code of Ethics

A set of guidelines designed to help professionals conduct business honestly and with integrity, often specific to a particular industry or organization.

International Council

A global organization or assembly that brings together representatives from different countries to discuss, plan, and/or act on issues of mutual interest.

Nurses Code

A set of ethical principles and guidelines designed to direct nurses in their professional practice, ensuring they offer the highest standard of care.

Pediatric Unit

A specialized hospital department or division dedicated to the care and treatment of children and adolescents.