Which of the Following Is One of the Problems with Job-Creation

question 52

Multiple Choice

Which of the following is one of the problems with job-creation efforts?

• A)People would much rather live on welfare.
• B)No retraining is offered to welfare recipients.
• C)The training courses offered take too long to complete.
• D)Many of the jobs pay low wages.

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Definitions:

De Facto Corporation

A business entity that operates as if it were a corporation although it has not completed the legal formalities for incorporation, and may be treated as a corporation by courts.

De Jure Corporation

A corporation that has fully complied with all legal requirements for its establishment, and thus has legal recognition.

Corporation by Estoppel

A legal doctrine that prevents a party from denying the corporation's existence if they have dealt with it as if it were a legal corporation.

Subchapter S Corporation

A form of corporation in the United States that is taxed under Subchapter S of the Internal Revenue Code, allowing profits to be taxed at the shareholder level rather than at the corporate level.