Which of the Following Statements About a Corporation Is Not

question 63

Multiple Choice

Which of the following statements about a corporation is not correct?

• A)A corporation is a separate legal entity.
• B)A corporation has easy transferability of ownership.
• C)A corporation may have the ability to raise large amounts of capital.
• D)A corporation's owners have unlimited liability.

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Definitions:

Raw Scores

The unadjusted scores obtained directly from the number of questions answered correctly on a test or assessment.

Test-retest Reliability

The consistency of a test's results when the same subjects take the same test again after a period of time.

Standard Score

A score that has been transformed to fit a normal distribution, usually with a mean of 100 and a standard deviation of 15.

National Mean

The average score or value derived from a specific set of data collected across a nation.