Which of the Following Statements Is Correct

question 11

Multiple Choice

Which of the following statements is correct?

• A) A good goal for a corporate manager is maximization of expected EPS.
• B) Most business in the U.S.is conducted by corporations;corporations' popularity results primarily from their favorable tax treatment.
• C) A good example of an agency relationship is the one between stockholders and managers.
• D) Corporations and partnerships have an advantage over proprietorships because a sole proprietor is subject to unlimited liability,but investors in the other types of businesses are not.
• E) Firms in highly competitive industries find it easier to exercise "social responsibility" than do firms in oligopolistic industries.

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Definitions:

Randy Gardner

Randy Gardner is known for a sleep deprivation experiment he conducted on himself in the 1960s, staying awake for a record 264 hours.

Intellectual Impairment

A condition characterized by significant limitations both in intellectual functioning and in adaptive behavior, originating before the age of 18.

Circadian Rhythms

Biological processes that display an endogenous, entrainable oscillation of about 24 hours, affecting sleep, hormone production, and other bodily functions.

Bright Lights

Intense or high levels of illumination, which can affect mood and alertness and are used therapeutically in treating conditions like seasonal affective disorder.