Which One of the Following Statements Is Correct Concerning Corporations

question 47

Multiple Choice

Which one of the following statements is correct concerning corporations?

• A)The shareholders of a corporation select the top managers of that corporation.
• B)A corporation is a distinct legal entity.
• C)The stockholders are usually the managers of a corporation.
• D)The ability of a corporation to raise capital is quite limited.
• E)The income of a corporation is taxed as personal income of the stockholders.

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Definitions:

Deinstitutionalization

The method of substituting extensive duration psychiatric facilities with more integrated mental health services in the community for individuals identified with a mental illness.

Ethical Strategy

A plan of action designed to navigate decisions and actions by aligning them with ethical principles and values.

Psychological Disturbances

Any type of dysfunction related to an individual's emotions, thoughts, or behaviors which causes distress in their daily lives.

Psychological Therapy

A broad term for treatments aimed at improving mental health and emotional wellbeing through various techniques.