Which of the Following Is Not True Regarding the Limitations

question 2

Multiple Choice

Which of the following is not true regarding the limitations of professional corporations?

• A)Seventy-five percent of the shares of stock must be owned and held by individuals licensed in the profession of the corporation.
• B)At least one of the incorporators, one director, and one officer must be licensed in the profession.
• C)The Articles of Incorporation, in addition to all other requirements, must designate the professional services to be provided by the corporation.
• D)The professional corporation must obtain from the appropriate licensing board a certification that declares the shares of stock are owned by individuals who are duly licensed in the profession.

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Definitions:

Environment Influence

The impact of external factors, including physical, social, and cultural environments, on an individual's behavior, attitudes, and development.

Personality Psychologists

Experts who study individual differences in behavior, emotion, motivation, and thought, particularly within a personality framework.

Twin-Study Research

A research design used to estimate the genetic and environmental contributions to individual differences, often involving comparisons between monozygotic (identical) and dizygotic (fraternal) twins.

Genetic Influences

Factors in an individual's development and behavior attributable to genetic inheritance from their parents.