Which of the Following Statements Is True

question 184

Multiple Choice

Which of the following statements is true?

• A)Corporations can issue stocks and bonds,while proprietorships cannot.
• B)Corporations have one owner,while proprietorships have many owners.
• C)Corporations face fewer taxes than do proprietorships.
• D)Proprietorships have limited liability while corporations have unlimited liability.

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Definitions:

Discipline

Methods of molding children’s character and of teaching them to exercise self-control and engage in acceptable behavior.

Molding Character

The process of shaping and influencing an individual's traits, behaviors, and moral values.

Self-control

The ability to regulate one's emotions, thoughts, and behavior in the face of temptations and impulses.

Acceptable Behavior

Actions or conduct that are deemed appropriate, ethical, or desirable within a particular society or culture.