Which of the Following Is a Characteristic of the Corporate

question 54

Multiple Choice

Which of the following is a characteristic of the corporate form of business?

• A)Mutual agency
• B)Separate legal entity
• C)Relatively easy to form
• D)Owners have unlimited liability for the debts of the business.

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Definitions:

Intervening Variable

A variable that mediates the relationship between a dependent variable and an independent variable.

Hypothesis

A suggested rationale for an occurrence, offered as an initial basis for more detailed exploration.

Theory

An abstract set of ideas or principles that explains phenomena or aspects of the natural or social world.

Radical Behaviorists

Psychologists who follow a doctrine emphasizing the external behaviors of people and their reactions on a given situation, largely ignoring internal processes like cognition.