A Corporation Is

question 154

Multiple Choice

A corporation is

• A)the easiest type of business to set up.
• B)the least expensive type of business to set up.
• C)the most difficult type of business to set up.
• D)the least profitable type of business to set up.

---

Definitions:

Blue Laws

Laws designed to restrict or ban certain activities on Sundays, traditionally to encourage observance of a day of worship or rest.

Professional Licenses

Certifications issued by a government or professional body that verify someone's qualification to perform a particular profession.

Covenant Not To Compete

An agreement not to compete against a party for a set period of time within a designated geographic area.

Public Policy

Guiding principles and philosophies that underlie the laws and actions of a government, aimed at ensuring the public's general welfare.