Which of the Following Is a Disadvantage of the Corporation

question 27

Multiple Choice

Which of the following is a disadvantage of the corporation compared to the sole proprietorship?  

• A) Corporations have limited liability. 
• B) Corporations have difficulty raising start-up money. 
• C) Corporations can experience a lack of profitability. 
• D) Corporations' income is taxed twice.

Recognize the factors that influence the elasticity of resource demand.

Grasp the marginal productivity theory of income distribution and its criticisms.

Understand the application of the marginal productivity theory in income distribution.

Identify factors affecting the firm's decisions on resource hiring in competitive markets.

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Definitions:

Connective Tissue

A kind of bodily tissue that provides support, linkage, or separation among various tissues and organs.

Thyroid Hormone

A hormone produced by the thyroid gland that regulates metabolism, energy generation, and overall growth and development of the body.

TSH

Thyroid Stimulating Hormone, a pituitary gland hormone that regulates the production of hormones by the thyroid gland.

Pathological Condition

A state of disease or disorder in a body or organ.