Which of the Following Statements Is True

question 70

Multiple Choice

Which of the following statements is true?

• A)A corporation and its owners are not legally separated.
• B)The owners of a corporation are legally liable for its debts or obligations to creditors beyond their ownership investment.
• C)A corporation does not have the responsibility to follow all laws of the state.
• D)A corporation cannot die in the normal human sense of the word.
• E)A corporation has a moral conscience.

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Definitions:

Mass Customization

Mass Customization is a business strategy that combines the efficiency of mass production with the personalization of custom-made products, catering to individual customer preferences at scale.

Economic Downturns

Periods of poor economic performance characterized by a decline in GDP, which can lead to increased unemployment and lower spending.

Employee Loyalty

The dedication of employees to their company, often reflected in their willingness to remain with the company for a long time.

Vacancy Model

A technique or model for predicting the number of job vacancies within an organization over a future period, aiding in workforce planning efforts.