Which of the Following Is a Disadvantage of a Limited

question 53

Multiple Choice

Which of the following is a disadvantage of a limited liability company?

• A) Because profits are taxed only at the shareholder level, there is no double taxation.
• B) The number of shareholders is unlimited.
• C) The number of members, tax issues, and implementation is flexible.
• D) Tax accounting can be complicated.
• E) limited liability.

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Definitions:

Bottom-Up Processing

Analysis that begins with the sensory receptors and works up to the brain’s integration of sensory information.

Subliminal Priming

The use of stimuli presented below the threshold of conscious perception to influence thoughts, feelings, or actions.

Conscious Awareness

The mental state of being fully present and aware of oneself and the surroundings.

Subliminal Sounds

Sounds that are played below the conscious level of hearing, purportedly influencing behavior or perception.